. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX runs out of puff despite buoyant energy sector
The Australian sharemarket closed down 1 per cent following a poor lead from Wall Street overnight, as investors continue to digest a flurry of quarterly results.
. RTT NEWS (US)
Asian markets track global markets lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight
. CNBC (US)
European markets open lower as economic uncertainty persists
European markets opened negative on Thursday as investors assessed continuing economic uncertainty
. REUTERS (UK)
Oil up in tight market as U.S. sets release of more reserves
Oil prices rose on Wednesday as caution over tightening supply countered the negative impact of uncertain demand, and news that the United States will release more crude from its reserves
. THE FINANCIAL TIMES (UK)
Gold at three-week lows as dollar, bond yields stay elevated
Gold prices lingered at a three-week trough on Thursday, pressured by rising U.S. dollar and Treasury yields amid worries that the Federal Reserve will persist with sharp rate hikes.
. THE WALL STREET JOURNAL (US)
Recession Fears Hit Risky Mortgage Debt
Faltering home prices are hurting investors’ demand for junk-rated mortgage securities sold by housing giants Fannie and Freddie