Asian stocks slip as global recession looms

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Asian stocks slip as virus fears deepen ahead of U.S. jobs data

“The question of whether the U.S. index goes to test the March lows will be all the talk today,” Chris Weston, head of research at Melbourne brokerage Pepperstone, said in a note.

Oil prices fell after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever as the coronavirus shut down businesses and stay-at-home mandates kept highways bare. West Texas Intermediate crude CLc1 fell 17 cents to settle at $20.31 a barrel, after sliding to a low of $19.90. June Brent crude LCOc1 fell $1.61 to settle at $24.74 a barrel. The global benchmark fell to $21.65 on Monday, its lowest since 2002, when the now-expired May contract was the front month. The dollar gained as investors rushed to safe-havens, such as gold and government debt.

 

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

When and if this low life is caught I suggest that he is barred from being able to access the NHS for at least a year

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:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Hooq May Have Fallen But a Business Case for Southeast Asian Streamers EnduresWith coronavirus lockdowns across the region causing a spike in stay-at-home viewing, Friday’s news that Southeast Asian video streamer Hooq is to close within a matter of days came as a shock to i… keep your family immune system STRONG!!
Source: Variety - 🏆 108. / 63 Read more »