WORLD MARKETS

World Markets Daily News – In Brief – Friday 23/09/2022

2K views

. THE SYDNEY MORNING HERALD (AUSTRALIA)

Reacting to Fed’s wrath’: ASX sheds 1.9%

The Australian sharemarket closed on Friday with its worst performance for the week, marking the second consecutive week of declines across all sectors.

. RTT NEWS (US)

Asian Shares Extend Losses On Growth Worries

Asian stocks extended losses for a third day running Friday to hit two-year lows on concerns about elevated inflation and slowing global growth.

. CNBC (US)

European stocks open in the red as investors digest central bank moves

European stocks opened lower Friday, as investors digested a slew of central bank rate hikes from the region and beyond.

. REUTERS (UK)

Oil prices rise as Iran deal stalls, Russian supply in question amid conflict

Oil prices rose in early Asian trade on Friday on the prospect that a stalled Iran nuclear agreement and Moscow’s new mobilization campaign in its invasion of Ukraine would further restrict global supplies

Gold flat as firm dollar, U.S. rate hike dent appeal

Gold prices were flat on Friday as the dollar held close to its recent peak while the likelihood of more aggressive interest rate hikes by the U.S. Federal Reserve also weighed on the appeal for non-yielding bullion.