WORLD MARKETS

World Markets Daily News – In Brief – Wednesday 16/11/2022

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. THE SYDNEY MORNING HERALD

ASX closes 0.3 per cent lower after rocky Wall Street session

The local sharemarket closed lower on Wednesday after a rollercoaster session on Wall Street, with investors unsettled by reports that Russian missiles crossed into Poland

. RTT NEWS

European Shares Mixed As Traders Reassess Geopolitical Risks

European stocks were mixed on Wednesday, as investors took stock of rising geopolitical risks and awaited the much-awaited U.K. budget announcement on Thursday

. CNBC

Asia-Pacific markets mostly lower as second day of G-20 is underway

Shares in the Asia-Pacific were mostly lower on Wednesday as world leaders gathered in Bali, Indonesia for a second day of the Group of 20 summit.

. REUTERS

Oil prices up after incident involving vessel off Oman coast

Oil prices rose on Wednesday, erasing earlier losses, after an incident involving a commercial vessel off the coast of Oman, but rising Covid-19 cases in China capped gains

Gold firms on softer dollar, jitters over projectile strike off Oman cost

Gold rose on Wednesday as the dollar eased, while reports of a tanker being hit by a projectile off the coast of Oman also boosted the safe-haven metal’s appeal

. THE FINANCIAL TIMES

European stocks waver as UK inflation revs up to 11.1%

. THE WALL STREET JOURNAL

Stock Futures Rise Ahead of Retail Data, Earnings

U.S. stock futures edged higher ahead of retail sales data for October and earnings from retailers including Target and Lowe’s.