Stocks Retreat, Oil Prices Rise On Middle East Fears

  • 📰 channelstv
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Gold, a go-to haven asset in times of uncertainty, hit close to $2,000 an ounce.

Israeli security look on as Muslim Palestinians take part in Friday Noon prayers in East Jerusalem neighborhood of Ras al-Amud, on October 20, 2023, following age restriction by Israeli police to above 50-year-old to worshippers wanting to access the Al-Aqsa Mosque compound , amid the ongoing battles between Israel and the Palestinian group Hamas. .

“Risk-off sentiment continues to grip European markets,” noted Victoria Scholar, head of investment at Interactive Investor, after losses for Asian stocks and on Thursday in the United States. Hamas carried out a deadly attack on Israel from the Gaza Strip on October 7, and killed at least 1,400 people, mostly civilians who were shot, mutilated or burned to death, according to Israeli officials.

On Thursday, Powell suggested decision-makers would not hike at their next meeting at the end of October but left the door open to more tightening down the line.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria must boost non-oil export earnings to saveNaira, says AgangaA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Source: vanguardngrnews - 🏆 5. / 75 Read more »