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Home RUSSIA MANUFACTURE NEWS

Asia-Pacific stocks higher as investors assess inflation and recession fears

by 198 Russia News
June 27, 2022
in RUSSIA MANUFACTURE NEWS
Reading Time: 1 min read
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Japan +1.54%.

China +1.10%. China Industrial income knowledge for Could: -6.5% y/y (prior -8.6%).

Hong Kong +2.73%

Australia +1.98%.

India +1.13%.

On Friday Wall Avenue, Dow Jones rose 823.32 factors, or 2.68%, to 31,500.68, S&P 500 superior 3.06% to three,911.74, whereas Nasdaq superior 3.34% to 11,607.62.

Oil costs slipped greater than $1 a barrel on Monday as world financial issues depressed the oil demand outlook whereas traders eyed the G-7 assembly this week for doable strikes on Russian oil exports and a revival of the Iran nuclear deal.

Brent crude futures slipped $1.42, or 1.3%, to $111.70 a barrel by 0010 GMT after rebounding 2.8% on Friday. U.S. West Texas Intermediate crude was at $106.08 a barrel.

Gold costs gained on Monday, as information of some Western nations planning to formally ban imports of the steel from Russia for its invasion of Ukraine sparked some curiosity in bullion.

Spot gold rose 0.5% to $1,835.58 per ounce by 0231 GMT. U.S. gold futures had been up 0.3% at $1,836.30.

Spot silver rose 1.2% to $21.36 per ounce, platinum gained 0.5% to $912.00 and palladium climbed 0.6% to $1,886.65.

U.S. futures greater. Dow Jones +0.04%; S&P 500 +0.12%; Nasdaq +0.23%.

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