World Markets Daily News – In Brief – Friday

. SMH (AUSTRALIA) ASX loses over $50b in value as recession fears spook markets The Australian sharemarket is on track to post its biggest weekly loss in two years following a wipeout on Wall Street, as worries about a fragile global economy roar back to the fore. . RTT NEWS (US) Asian Markets Follow Global Markets Lower Asian stock markets are trading

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World Markets Daily News – In Brief – Thursday 16/06/2022

. SMH (AUSTRALIA) ASX extends slump as rates rally runs out of puff The Australian sharemarket finished slightly lower, despite making early gains following the Fed’s biggest hike to interest rates since 1994. . CNBC (US) Asia-Pacific markets mixed as investor sentiment remains fragile following Fed rate hike Asia-Pacific markets were mixed in Thursday trading with multiple regional markets shedding earlier gains

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World Markets Daily News – In Brief – Wednesday 15/06/2022

. SMH (AUSTRALIA) ASX extends losses ahead of US interest rate decision The Australian sharemarket has fallen another 1.3 per cent with a looming US interest rate decision on the horizon. . RTT NEWS (US) Asia Markets Trade Mixed Asian stock markets are trading mixed on Wednesday, following the mostly negative cues overnight from global markets, with investors largely making cautious moves

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World Markets Daily News – In Brief – Tuesday 14/06/2022

. SMH (AUSTRALIA) ASX goes into correction with $80b rout The Australian sharemarket plunged into correction territory on Tuesday after US inflation numbers indicated interest rates will need to rise more than financial markets expected. . RTT NEWS (US) Asian Shares Mostly Lower On Recession Fears Asian stocks ended mostly lower on Tuesday after Wall Street entered the bear market on fears

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World Markets Daily News – In Brief – Sunday 12/06/2022

. REUTERS (UK) Wall Street Week Ahead: Dashed peak inflation hopes spell more pain for stocks and bonds Blistering inflation is threatening to reignite twin declines in U.S. stocks and bonds, leaving investors with few places to hide from a Federal Reserve that appears headed for its most aggressive policy tightening in decades. . MONEY CONTROL (INDIA) Dalal Street Week Ahead |

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World Markets Daily News – In Brief – Thursday 09/06/2022

. SMH (AUSTRALIA) ASX plunges towards three-week low as banks extend losses The local sharemarket has taken a hit as the banks’ losses continue and inflation worries rock Wall Street. . RTT NEWS (US) Growth Worries Drag Asian Markets Mostly Lower Asian stock markets are mostly lower on Thursday, following the broadly negative cues overnight from the global markets, amid renewed worries

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