WORLD MARKETS

World Markets Daily News – In Brief – Monday 19/09/2022

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. THE SYDNEY MORNING HERALD (AUSTRALIA)

ASX drops 0.3%, Wall Street on edge ahead of US rates decision

The Australian sharemarket was treading water before a late fall, after Wall Street closed out its worst week in three months, ahead of the US Fed’s big rates decision this week.

. CNBC (US)

European markets slip as traders await this week’s Fed meeting

European markets were lower Monday, after a tough week which saw stocks fall across the board

. RTT NEWS (US)

Asian Shares Retreat Ahead Of Central Bank Meetings

Asian stocks ended broadly lower on Monday as investors braced for a slew of central bank decisions this week

. REUTERS (UK)

Oil prices climb on weak dollar, supply concerns

Oil prices climbed during early Asian trade on Monday as a weaker dollar and supply concerns ahead of the European Union embargo on Russian oil in December offset fears of a global recession that could dampen fuel demand

Gold prices dip as Fed policy meet takes centre stage

Gold prices slipped on Monday as investors braced for aggressive rate hikes by major central banks this week, especially from the U.S. Federal Reserve, to tame high inflation

. THE WALL STREET JOURNAL (US)

Stock Futures Fall as Investors Eye Federal Reserve

U.S. stock futures declined as the Federal Reserve’s coming policy meeting loomed large over markets. Crude oil prices also fell