. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX slumps as Wall Street sinks on jobs data
Iron ore heavyweights were the only bright spot on a down day for the Australian sharemarket, after Wall Street capped off a wild week with more heavy losses.
. RTT NEWS (US)
Asian markets a sea of red on global cues
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from global markets on Friday
. CNBC (US)
European markets continue sell-off, tracking global negativity
European markets retreated on Monday morning, tracking negative global sentiment as investors bet that last week’s U.S. jobs data will keep the Federal Reserve on an aggressive path of interest rate hikes.
. REUTERS (UK)
Oil takes a breather, eases off 5-week highs
Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies following OPEC+ cuts and ahead of the European Union embargo on Russian oil.
Gold prices tepid as U.S. jobs data lifts Fed rate-hike bets
Gold prices ticked lower on Monday, having shed nearly 1% in the previous session, as strong U.S. jobs data cemented the view that the Federal Reserve would continue its policy of aggressive interest rate hikes.