world markets news

World Markets Daily News – In Brief – Tuesday 19/07/2022

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. SMH (AUSTRALIA)

ASX dips as tech falls counter buoyant energy stocks

The Australian sharemarket has slipped into the red despite a bounce in energy stocks as the technology sector comes under pressure.

. RTT NEWS (US)

Asian Markets Lower After Wall Street Slump

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders continued to worry about the economic outlook ahead of next week’s US Federal Reserve monetary policy meeting.

. BAHA (AUSTRIA)

Europe premarket down ahead of data

European stock exchanges traded lower in the premarket on Tuesday ahead of the release of the United Kingdom unemployment rate data and the ECB’s bank lending survey on past and expected credit market developments.

. CNBC (US)

Stock futures inch up after Dow reverses course to start a busy earnings week

Stock futures were slightly higher on Tuesday morning after the Dow Jones Industrial Average slumped more than 200 points during Monday’s session, reversing an earlier rally as earnings season continued in earnest.

. REUTERS (UK)

Gold trapped in tight range as central bank meetings loom

Gold edged lower on Tuesday due to a slightly stronger dollar, but prices were stuck in a tight range as investors refrained from making big bets ahead of key central bank meetings.

Oil prices ease from sharp spike, soft dollar supports

Oil prices ran out of steam on Tuesday after gaining more than $5 a barrel in the previous session with concerns that surging crude will feed into a demand-killing recession slightly outpacing continued worries about tight supply.