. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX closes in the red as investors brace for rate hike
The Australian sharemarket managed to claw back some ground but couldn’t seal the deal, with technology stocks feeling the pinch.
. RTT NEWS (US)
Asian markets extend losing streak
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday
. CNBC (US)
European stocks slump, following gloomy sentiment in Asia-Pacific; Credit Suisse down 9%
The pan-European Stoxx 600 index dropped 1% in early trade, with financial services stocks shedding 1% to lead losses while oil and gas stocks added 1.3%
. REUTERS (UK)
Oil jumps more than 3% as OPEC+ mulls cuts of up to 1 million bpd
Oil prices jumped more than 3% in early Asian trade on Monday as OPEC+ considers cutting output of up to 1 million barrels per day at a meeting this week to support the market
Gold firms as dollar softens, but rate-hike fears limit gains
Gold prices edged higher on Monday on a softer dollar, although central banks worldwide retained their aggressive monetary policies to tackle soaring inflation, limiting gains for safe-haven bullion
. THE FINANCIAL TIMES (UK)
S&P puts UK credit rating on notice with ‘negative outlook’
