News Formal

Business Maverick: Stocks struggle, oil price jump saps sentiment: markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 84%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Stocks in Asia struggled to gain traction and US equity futures fluctuated as negative sentiment persisted in markets amid fear that global central banks will keep hiking rates until inflation is tamed, raising the risk of a recession.

Equities made small gains in Japan and dropped in Hong Kong and Australia. Trading in Asia may be muted by a holiday in Sydney and South Korea on Monday and the week-long closure of Chinese markets for Golden Week.to trade near $82 a barrel on indications the OPEC+ alliance is considering slashing production by more than 1 million barrels a day to revive plunging prices when it meets this week. Commodity currencies gained.

The week’s cautious start comes after US stocks posted their third straight quarter of losses for the first time since 2009. Risk assets have been in a tailspin since the Federal Reserve delivered a third jumbo hike last month and officials repeatedly warned of more pain to come. Confidence among Japan’s large manufacturers unexpectedly worsened for three straight quarters following the yen’s rapid depreciation and deterioration in the global economic outlook, adding another headwind for local equities.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

After a spectacular run, mining stocks are bleeding - and may not stop soon | Fin24After an extraordinary run last year, when many of the world's largest mining companies booked record profits and paid record dividends, the commodities cycle has turned, with rising interest rates and inflation stoking fears of further demand destruction Greatest trader of all time Cynthia_Hanson3 I never believe it until I experience it For a start i deposited R50,000 to test the waters in 7 days I got a return of R500,000, he's diligence and honesty is undeniable. Thank you once again Cynthia_Hanson3
La source: News24 - 🏆 4. / 80 Lire la suite »

US stocks still not cheap even at lows for the year[ICYMI] MoneywebNow podcast with SimonBrown, analysis of US markets, tips on how to protect annuities during market downturns and a look at M&A activity trends. Download podcast:
La source: Moneyweb - 🏆 5. / 77 Lire la suite »

THE FINANCE GHOST: Roses among the JSE’s thornsIt may be hard to believe, but there have been some winning stocks on the JSE this year
La source: FinancialMail - 🏆 20. / 63 Lire la suite »