Business Maverick: Stocks resume rally, oil jumps on production curb: markets wrap

Stocks in Japan and South Korea rose while Australian shares fluctuated and Hong Kong equities edged lower after their best day in six months. The gain in contracts for the S&P 500 reversed a small decline in the index on Wednesday. European futures advanced. The bullish sentiment weakened the dollar after its biggest jump in a week on Wednesday. The pound gained ground even after Fitch Ratings downgraded its UK outlook to negative.

Upward pressure on energy prices threatens to prolong above-target inflation, dashing hopes that central banks may soon relent from aggressive interest rate increases. Investors will remain keenly focused on US jobs data on Friday for further clarity. Goldman Sachs Group increased its fourth-quarter price target for Brent crude oil to $110, implying a jump of almost a fifth from today’s level.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Business Maverick: Asian stocks extend gains after US equities rally: markets wrapAsian stocks extended a rally on Wednesday following the best two-day run for US equities in more than two years, as investors began to anticipate a slowing to central bank tightening that could jolt risk assets higher.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »

Business Maverick: OPEC+ Tries to Keep Oil Above $90 With Large Production CutOPEC+ agreed to cut its collective output limit by 2 million barrels day, stoking tensions with the US as the cartel seeks to halt a slide in oil prices caused by the weakening global economy.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »

JSE faces mixed Asian market as Opec overshadows global marketsOpec+ announcing it is cutting production pushed up oil prices, adding to already high global inflation
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »