. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX closes in the green after materials surge
The Australian sharemarket has started the week with a broad-based rally ahead of the federal budget
. RTT NEWS (US)
Asian Shares Mixed As China’s Xi Begins 3rd Term
Asian markets ended mixed on Monday, with Chinese and Hong Kong stocks suffering heavy losses as China’s Communist Party ended its 20th National Congress
. CNBC (US)
Europe markets close 1.4% higher as utilities lead gains; Rishi Sunak to be new UK PM
European markets closed higher Monday, remaining upbeat after the announcement that Rishi Sunak would replace Liz Truss as U.K. prime minister
. REUTERS (UK)
Oil prices drop as Chinese demand data disappoints
Oil prices slid on Monday after Chinese data showed that demand from the world’s largest crude importer remained lackluster, but rising equities in key markets marked a brief respite from global recession fears.
Gold slips as dollar gains, investors assess Fed stance
Gold retreated on Monday as the dollar climbed, while investors looked for hints on a shift in Federal Reserve monetary policy which has so far kept a leash on bullion prices.
. THE WALL STREET JOURNAL (US)
U.S. Stocks Rise as Big Earnings Week Kicks Off
The Dow was up more than 300 points to start a week that will include earnings from nearly a third of S&P 500 companies.