WORLD MARKETS

World Markets Daily News – In Brief – Thursday 20/09/2022

50 views

. THE FINANCIAL TIMES (UK)

Japan intervenes to prop up yen

. CNBC (US)

European markets slide as investors digest more interest rate hikes

European stocks traded lower Thursday, as investors digested news from the U.S. Federal Reserve and Swiss central bank, as both opted to hike rates.

. RTT NEWS (US)

Asian Shares Slide On Fed Vow To Quell Inflation

Asian stocks declined on Thursday after U.S. Federal Reserve officials announced another big rate hike and reiterated their support for further interest-rate hikes to curb rampant inflation reaching a 40-year high.

. REUTERS (UK)

Oil rises as supply fears overtake recession worries

Oil rebounded on Thursday after sliding 1% in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession

Gold falls 1% on surging dollar, hawkish Fed

Gold prices fell 1% on Thursday, as the U.S. dollar rallied and the Federal Reserve flagged more large rate hikes, diminishing the zero-yielding metal’s appeal