WORLD MARKETS

World Markets Daily News – In Brief – Monday 28/11/2022

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. THE SYDNEY MORNING HERALD (AUSTRALIA)

ASX slips as China unrest sinks commodities

The Australian sharemarket has made a sluggish start to the week, with lithium and iron ore miners under pressure.

. RTT NEWS

Asian Stocks Plunge Amidst Covid Protests In China

Asian stocks plunged on Monday amidst a flare-up in protests against China’s strict Covid curbs

. CNBC

European markets retreat as Covid protests in China continue

European markets retreated on Monday as investors monitored unrest in China as protests against strict Covid measures and lockdowns erupted over the weekend

. REUTERS

Oil falls over $2 a barrel as China’s Covid protests fuel demand fears

Oil futures fell more than $2 a barrel on Monday, with WTI hitting an 11-month low, as protests in top importer China over strict Covid-19 curbs fueled demand concerns

Gold dips as dollar gains on China Covid risks

Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country’s strict Covid-19 restrictions

. THE FINANCIAL TIMES

Crypto fraud jumps by a third in UK

. THE WALL STREET JOURNAL

U.S. Stock Futures Fall Amid Covid Protests in China

Protests in China over the country’s zero-tolerance approach to Covid-19 weighed on investor sentiment. Crude oil prices also slid.