
Oil prices surge on US-Iran attacks
A number of Wall Street banks are also lined up to file, including JP Morgan, Bank of America and Goldman Sachs. — AFP
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Summary
A number of Wall Street banks are also lined up to file, including JP Morgan, Bank of America and Goldman Sachs. Rival Samsung was down more than 10 per cent by today’s close. “The South Korean market is now considered a key barometer of sentiment towards the chip sector, so when it declines it can have ripple effects across the world,” said Kathleen Brooks, research director at trading group XTB. The loss came after the firm’s US-listed shares soared almost 13 percent on their New York debut following a record $26.5 billion share sale.
Furthermore, South Korean chip titan SK hynix plunged more than 15 percent, extending a recent bout of selling that has seen the market heavyweight lose nearly 40 percent since hitting a record last month. There were also losses in Tokyo, where tech firms Advantest and Tokyo Electron tumbled. Shanghai, Singapore, Wellington, Mumbai and Jakarta dropped but Hong Kong, Taipei, Bangkok rose.
In addition, Brent North Sea crude, the international benchmark, rallied as much as five percent Monday, before paring gains to trade around 3.5 percent higher. European equities were muted and the dollar was mixed against main rivals. “While (oil) prices are still not at crisis levels, the creep upwards will ignite fresh inflationary worries and concerns about how far higher interest rates could move,” noted Susannah Streeter, chief investment strategist at Wealth Club. “That’s being reflected in the bond markets, with yields on gilts and US Treasuries rising,” she added.
Cross-referenced from 4 sources across 3 countries and 2 languages.
Factual coreconfirmed by several independent voices
A number of Wall Street banks are also lined up to file, including JP Morgan, Bank of America and Goldman Sachs. — AFP
reliability moderate2/2 sourcesRival Samsung was down more than 10 per cent by today’s close. “The South Korean market is now considered a key barometer of sentiment towards the chip sector, so when it declines it can have ripple effects across the world,” said Kathleen Brooks, research director at trading group XTB.
reliability moderate2/2 sourcesThe loss came after the firm’s US-listed shares soared almost 13 percent on their New York debut following a record $26.5 billion share sale.
reliability moderate2/2 sourcesSouth Korean chip titan SK hynix plunged more than 15 percent, extending a recent bout of selling that has seen the market heavyweight lose nearly 40 percent since hitting a record last month.
reliability moderate2/2 sourcesThere were also losses in Tokyo, where tech firms Advantest and Tokyo Electron tumbled.
reliability moderate2/2 sourcesShanghai, Singapore, Wellington, Mumbai and Jakarta dropped but Hong Kong, Taipei, Bangkok rose.
reliability moderate2/2 sourcesBrent North Sea crude, the international benchmark, rallied as much as five percent Monday, before paring gains to trade around 3.5 percent higher.
reliability moderate2/2 sourcesEuropean equities were muted and the dollar was mixed against main rivals. “While (oil) prices are still not at crisis levels, the creep upwards will ignite fresh inflationary worries and concerns about how far higher interest rates could move,” noted Susannah Streeter, chief investment strategist at Wealth Club. “That’s being reflected in the bond markets, with yields on gilts and US Treasuries rising,” she added.
reliability moderate2/2 sources
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Renewed hostilities in the Middle East followed last week’s exchange of fire and came as negotiators struggle to reach a lasting peace deal…
omitted byPublic / Agenciescovered byCenterA number of Wall Street banks are also lined up to file, including JP Morgan, Bank of America and Goldman Sachs. — AFP
omitted byPublic / Agenciescovered byCenterRival Samsung was down more than 10 per cent by today’s close. “The South Korean market is now considered a key barometer of sentiment…
omitted byPublic / Agenciescovered byCenterThe loss came after the firm’s US-listed shares soared almost 13 percent on their New York debut following a record $26.5 billion share…
omitted byPublic / Agenciescovered byCenterSouth Korean chip titan SK hynix plunged more than 15 percent, extending a recent bout of selling that has seen the market heavyweight lose…
omitted byPublic / Agenciescovered byCenter
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