. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX rallies after Lowe signals easing of rate rises
Investors reacted positively to the Reserve Bank governor’s indication that rate rises had hit a peak as the ASX recorded its best session in seven weeks.
. RTT NEWS (US)
Asian shares mostly higher; Chinese markets buck trend
Asian stocks followed their U.S. peers higher on Thursday, although Chinese and Hong Kong stocks ended on a subdued note on news of extended lockdowns in the Chinese city of Chengdu.
. CNBC (US)
European markets close higher after ECB rate hike; Stoxx 600 up 0.5%
European markets closed higher Thursday, hours after the European Central Bank announced a 75 basis point interest rate rise.
. REUTERS (UK)
Oil prices near eight-month lows on demand concerns
Oil prices edged higher on Thursday, but remained near eight-month lows, as China’s extension of COVID-19 lockdown measures exacerbated concerns a slowdown in global economic activity would hit fuel demand.
Gold slips after ECB decision
Gold slipped on Thursday after the European Central Bank delivered a 75 basis points interest rate hike and investors looked ahead to comments from the Federal Reserve chairman.
. THE WALL STREET JOURNAL (US)
Stocks Retreat as Investors Study Interest-Rate News
U.S. stocks turned lower at midsession, after earlier reversing opening losses amid inflation-related comments from the ECB and the Fed.
