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Monday,22 November 2021 at 08:33
and European stocks were cautiously higher, shrugging off concerns over Covid-19
restriction measures on the continent.
Shares in Asia-Pacific
were mixedas China kept its benchmark lending rate unchanged.
Crude oil fell to
seven-week lows, extending declines after the previous
session’s slide, on concerns about excess supply after Japan said it was
weighing releasing oil reserves and over demand from a worsening Covid-19
situation in Europe.
Gold prices stabilizedafter
hitting their lowest in nearly two weeks, as a retreating dollar lent some
support to the metal.
In corporate news, Australia’s BHP
Group and WoodsidePetroleumhave signed their AUD$40bn petroleum merger deal, which will see Woodside
acquire BHP’s petroleum assets in return for a 48% stake in the combined
Diplomareported a jump in full-year pre-tax profit amid improved demand, as it backed
its outlook for FY22.
FTSE 100 7,250 +0.38%
FTSE 250 23,560 +0.29%
DAX 16,181 +0.15%
Dow Jones 35,601 (-0.75%)
S&P 500 4,697 (-0.14%)
NASDAQ 16,057 +0.40%
UK 10-YR YIELD 0.890
Gold $1,846 +0.02%
Brent $79.09 +0.82%
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.