Markets weaken as IMF, World Bank highlight recession risks

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Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

The Asian markets weaken as the IMF, the World Bank highlight recession risks
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3% on Friday

Oil ticks up on correction, heading for weekly losses on recession fears
Brent crude futures rose 24 cents, or 0.3%, to $91.08 a barrel. barrel

Dollar inches against yen as investors expect the Fed to remain aggressive
The dollar received some gains after the data showed retail sales rose 0.3% last month

Gold tumbles near 28-month lows as Fed rate hikes ramp up
Gold prices hit their lowest since April 2020 on Thursday

Gain a deeper understanding of the financial markets with Eikon

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