News Highlights: Top Global Markets News of the Day

Max77777
2022-10-03

Stocks Close Out Losing Week, Month and Quarter


Major stock benchmarks declined more than 1% Friday as investors considered consumer-spending figures and the Federal Reserve's preferred inflation gauge.


OPEC+ to Weigh Production Cut to Bolster Oil Prices


The group is considering an output reduction of 1 million barrels a day, its biggest cut since the pandemic began, as the economic slowdown hurts demand.

Japan Large Manufacturers' Sentiment Weakens


Sentiment among Japan's large manufacturers deteriorated in the three months to September, the third straight quarter it has worsened, amid lingering concerns over supply shortages.


U.K.'s Central Banker Faces Inflation, a Financial Crisis and His Own Government


Bank of England Gov. Andrew Bailey intervened in bond markets to avert market turmoil while also trying to reassure investors that he still plans aggressive rate rises to tamp down U.K. inflation that could reach 11% this year.

Economy Week Ahead: U.S. Jobs Market and Trade in Focus


New data will provide details on the labor market's health and the U.S. trade deficit.


Battered Investors Now Find Thrills in T-Bills


The stability of Treasury bills is attracting investors weary of seesawing vehicles such as cryptocurrencies.

Cargo Shipowners Cancel Sailings as World Trade Flips to Empty Containers From Backlogs


Dozens of sailings from Asia to U.S. ports are set to be canceled in October as deteriorating economic conditions weigh on demand to ship goods worldwide.


Central Banks' Higher Rates, Bond Sales Clash With Government Needs


Central banks and governments are on a collision course in their efforts to bolster economic growth and contain inflation.

Inflation Keeps U.S. From Stepping In to Slow Dollar's Rapid Rise


A strong greenback poses risks for global financial turmoil, but it helps fight domestic inflation.


Investors Aren't Betting on Post-Midterm Rally


A tough market has investors wondering whether 2022 will dent an 80-year record of notching gains after midterm elections.










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Comments

  • artcore
    2022-10-03
    artcore
    Stock up on cash now. an opportunity to buy is around the cornee
  • JL1Apr
    2022-10-04
    JL1Apr
    Looking for every excuse to rally.
  • Bulltrader
    2022-10-04
    Bulltrader
    only increase rate no use. physical policy kick in. restricted or high tax  import on luxury good. let the rich pay more
  • wingcheong
    2022-10-04
    wingcheong
    Thanks for sharing.
  • Wgey
    2022-10-04
    Wgey
    cycle down for a while more
  • SGboy
    2022-10-05
    SGboy
    Market up, blood preesure up too.🤣🤣
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