world markets news in brief

World Markets Daily News – In Brief – Tuesday 29/11/2022

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. THE SYDNEY MORNING HERALD

Miners lift ASX back to green after Wall Street slump

The Australian sharemarket has recovered from its drab start to the day after a broad slide on Wall Street overnight as global financial markets reacted to the turmoil in China.

. RTT NEWS

Asian Shares Rise On China Reopening Buzz

Asian stocks rose on Tuesday, with mainland China and Hong Kong markets leading the surge.

. CNBC

European markets choppy as China’s Covid policy takes center stage

European markets were mixed on Tuesday as investors continued to monitor news from China over Covid restrictions.

. REUTERS

Oil prices slide on concerns over China’s demand

Oil prices dropped in early trade on Tuesday, weighed down by concerns about slowing fuel demand in top crude importer China

Gold edges up on dollar dip; Fed policy cues remain key

Gold prices ticked up on Tuesday, helped by a softer dollar, while market participants awaited more clarity on the U.S. Federal Reserve’s rate hike stance.

. THE FINANCIAL TIMES

Global stocks brush off China protest concerns

. THE WALL STREET JOURNAL

Stock Futures, Oil Rise as China Concerns Ease

Chinese stocks rallied, boosting assets from crude oil to U.S. stock futures, as investors bet on a further loosening of Covid restrictions in China following nationwide protests that hit global markets Monday.