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Thursday,23 June 2022 at 07:33
& European stocks opened lower as global markets see renewed volatility after a brief recovery
following last week’s tumultuous trading.
Shares in the Asia-Pacific
region were mixed as investors continued to monitor recession
Oil prices fell 2%
in early trade as investors worried that aggressive U.S. interest rate hikes
could trigger a recession and dent fuel demand.
Gold prices inched lower,
pressured by expectations of aggressive interest rate hikes.
In corporate news, gambling and gaming group 888 Holdings said
it expects interim revenues to be “broadly” in line with expectations.
The Gibraltar-based firm, which is in the process of acquiring William Hill, said
revenues were likely to come in between £330m and £335m for the six months to
FTSE 100 7,023 (-0.94%)
FTSE 250 18,795 (-0.50%)
DAX 13,095 (-0.37%)
At the close
Dow Jones 30,483 (-0.15%)
S&P 500 3,759 (-0.13%)
NASDAQ 11,053 (-0.15%)
UK 10-YR YIELD 2.430
Gold $1,833 (-0.22%)
Brent $109.48 (-0.46%)
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.