world markets news

World Markets Daily News – In Brief – 16/12/2022

2K views

. 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

. CNBC

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.

. REUTERS

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

. BLOOMBERG

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.

. MARKETWATCH

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