WORLD MARKETS

World Markets Daily News – In Brief – Thursday 15/09/2022

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. THE SYDNEY MORNING HERALD (AUSTRALIA)

ASX rebounds as rise in unemployment sparks interest rate hopes

The ASX opened higher to claw back some of Wednesday’s heavy losses as a 3.5 per cent lift in the jobless rate sparked speculation the RBA might go softer on interest rate hikes.

. RTT NEWS (US)

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight

. CNBC (US)

European markets flat at open following global gains

European markets were choppy at the start of the trading day on Thursday, following modest gains in the U.S. yesterday and Asia-Pacific markets overnight.

. REUTERS (UK)

Oil edges higher as market weighs weak demand, potential supply disruption

Oil prices edged higher on Thursday as the market balanced weak demand with supply disruption amid a looming rail stoppage in the United States, the world’s biggest crude consumer.

Gold hits 2-week low on stronger dollar, Fed concerns

Gold prices slipped to a two-week low on Thursday, as a stronger U.S. dollar and expectations of big interest rate hikes from the Federal Reserve diminished the metal’s appeal.