. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX gets $30b boost on back of Wall Street’s wild session
The Australian sharemarket took off on Friday after Wall Street staged its biggest comeback in years despite a worse-than-expected report on inflation.
. RTT NEWS (US)
Asian markets a sea of green despite US inflation data
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight
. CNBC (US)
European markets rise on UK fiscal U-turn hopes; Stoxx 600 up 1.5%
European markets jumped on Friday as speculation abounded that the U.K. government could be about to U-turn on its controversial fiscal policies
. REUTERS (UK)
Oil slides as U.S. crude and gasoline stocks surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production
Gold slides as U.S. inflation data boosts rate-hike bets
Gold prices fell on Friday, adding to the weekly decline, as a hotter-than-expected U.S. inflation reading cemented bets of another hefty Federal Reserve interest rate hike next month
. THE FINANCIAL TIMES (UK)
Kwarteng leaves IMF meetings early as UK prepares to rip up tax plans
Chancellor makes hasty departure from Washington while markets rally on hopes of reversal of mini-Budget proposals
. THE WALL STREET JOURNAL (US)
Venture Firms Buy Up Public Tech Stocks as Startup Market Stalls
Startup investors, known for making risky bets on unproven companies, are taking advantage of lower share prices following a market rout
