. THE SYDNEY MORNING HERALD (AUSTRALIA)
Energy shares prop up ASX while Appen, Magellan fall
The local bourse finished on a flat note as energy stocks rose, Appen issued a profit warning and Magellan announced another drop in funds under management.
. RTT NEWS (US)
Asian markets mostly higher
Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from global markets overnight
. CNBC (US)
European stocks nudge higher as markets strive to regain positive momentum
The pan-European Stoxx 600 was up 0.4% in early trade, having halved its opening gains. Travel and leisure stocks added 1.4% while oil and gas stocks slid 0.8%.
. REUTERS (UK)
Oil extends gains after OPEC+ agrees to slash crude output
Oil prices rose for a fourth session on Thursday, with Brent at a three-week high, after OPEC+ agreed to further tighten global crude supply with a deal to slash production by about 2 million barrel per day, the largest reduction since 2020.
Gold gains as Treasury yields dip; hawkish Fed caps upside
Gold prices edged higher on Thursday as Treasury yields retreated, although gains were limited after stronger U.S. economic data bolstered expectations the Federal Reserve will retain its hawkish narrative.
. THE FINANCIAL TIMES (UK)
UK’s largest pension scheme was warned against debt strategy before crisis
Universities including Oxford, Cambridge and Imperial College advised £90bn USS of ‘significant risks’
