. THE SYDNEY MORNING HERALD
ASX slips as global recession fears spook markets
The ASX closed in the red despite a boost from energy and industrials, as investors digested further rate hikes from European central banks overnight.
. RTT NEWS
Asian stocks end lower on recession worries
Asian markets traded lower on Friday as rate hikes and a hawkish posture by central banks worldwide spooked investor confidence and triggered fears of a recession
European markets marginally lower as investors digest central bank announcements
European markets were marginally down Friday as investors processed the raft of central bank decisions announced Thursday.
Oil rises, poised to end week higher despite economy concerns
Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised to end the week higher after a series of positive oil demand forecasts
Gold flat, set for weekly fall on hawkish Fed
Gold prices were flat on Friday and set for a weekly loss, pressured by expectations of higher interest rates for a longer period by the U.S. Federal Reserve
. THE FINANCIAL TIMES
European stocks tick lower as central banks point to more challenging 2023
. THE WALL STREET JOURNAL
Stock Futures Point to Further Losses on Wall Street
U.S. stock futures fell a day after the Dow industrials tumbled more than 700 points amid worries about interest-rate rises and the possibility of a recession
Equity selloff deepens as recession fears grow
U.S. equity-index futures dropped with European stocks amid concern the resolve of central banks to continue their fight against inflation will tip the economy into a recession.
Stocks could face another explosion of volatility Friday as $4 trillion of options expire in ‘quadruple witching’
Stocks are falling because the Fed ‘cannot lose the battle’ on inflation