. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX ends the week on sour note as recession fears reemerge
The Australian sharemarket has closed in the red after the US Federal Reserve’s hawkish position on rate hikes reignited recession fears.
. RTT NEWS (US)
Asian markets mostly lower on global cues
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight
. CNBC (US)
European markets slightly lower ahead of key U.S. jobs report
The pan-European Stoxx 600 index slipped 0.2% in early trade, with tech stocks shedding 1.5% to lead losses while oil and gas stocks added 0.6%
. REUTERS (UK)
Oil prices extend gains after OPEC+ output cut plan
Oil prices rose on Friday, continuing an upward trend after OPEC+ this week agreed to tighten global supply with a deal to cut production targets by 2 million barrels per day (bpd).
Gold steady ahead of U.S. jobs data, but heads for best week since March
Gold prices held steady on Friday ahead of the U.S. jobs report that could help investors gauge the Federal Reserve’s rate-hike path, and were headed for their biggest weekly gain since March
. THE FINANCIAL TIMES (UK)
UK households urged to reduce energy use to avoid winter power cuts
National Grid warns of three-hour blackouts in ‘extreme’ gas and electricity supply scenario
