Oil Prices On Track To Finish Week Lower On U.S. Rate Hike Worries
Data showed that the U.S. producer price index (PPI) rose 0.7% in January, after declining 0.2% in December.
Asia Stocks Head For Second Weekly Loss As Fed Rate Worries Flare
MSCI's broadest index of Asia-Pacific shares sank 0.54% and was on course for a 1% weekly decline, after losing 1.16% in the previous week.
Oil Prices Climbs After OPEC+ Keeps Output Cut Targets, China Eases COVID Curbs
The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+, agreed on Sunday to stick to their October plan to cut output by 2 million barrels per day (bpd) from November through 2023.
Europe's Debt Market Strains Force Some Governments To Rework Trading Rules
France, Spain and Finland said their rules are already structured to automatically take account of market tensions. Germany and Austria said they do not set such rules.
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Asian Markets Surge After Sharp Wall St Swing, Pound Holds Gains
The month-on-month reading came in double estimates, while core inflation -- which strips out volatile energy and food prices -- was also elevated.
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