WORLD MARKETS

World Markets Daily News – In Brief – Wednesday 23/11/2022

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. THE SYDNEY MORNING HERALD

ASX closes higher after a strong day for Qantas and miners

The Australian sharemarket neared a six-month-high on Wednesday as stocks across most sectors advanced

. RTT NEWS

Asian shares mostly higher ahead of FOMC Meeting Minutes

Asian stocks ended mostly higher on Wednesday despite lingering worries about the Chinese economy and ahead the release of latest Fed meeting minutes later in the day

. CNBC

European markets close higher as mining and retail sectors gain

European markets closed higher on Wednesday as investors digested euro zone economic data and awaited the U.S. Federal Reserve’s latest meeting minutes

. REUTERS

Oil falls on Russian price cap talks

Oil prices fell Wednesday as the Group of Seven (G7) nations looked at a price cap on Russian oil above where the crude grade is currently trading

Gold muted as market eyes Fed minutes

Gold prices were steady on Wednesday with investors eyeing the release of minutes from the U.S. Federal Reserve’s November policy meeting for guidance on the central bank’s rate hike trajectory

. THE FINANCIAL TIMES

Eurozone business activity contracts for fifth consecutive month

. THE WALL STREET JOURNAL

Stocks Edge Higher; Bitcoin Gains

U.S. stocks rose in quiet trading ahead of Thanksgiving, while cryptocurrency prices continued to stabilize following the collapse of FTX.