Shares fall; US tech stocks dive after earnings shortfall from Alphabet; Bullock ‘wary’ of CPI as she mulls another rate rise; SQM to buy Azure for $1.6 billion; Fortescue makes slow start on push for fifth iron ore export record. Follow here for more.
Oil steadied after jumping Wednesday on signs Israel will proceed with a ground invasion of Gaza, reviving concerns the conflict could escalate and threaten energy supplies. West Texas Intermediate traded near $US85 a barrel, after rising 2 per cent in the previous session, while global benchmark Brent was above $US90.
Israel’s Prime Minister Benjamin Netanyahu said his nation was in a battle for its very existence, and that an invasion was being prepared. The remarks reignited a war premium in the oil price that had been subsiding over the last few sessions. The main threats in the Middle East, which accounts for about a third of the world’s crude, include the US taking steps to curb Iranian exports or disruptions to shipping.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX 200: ASX 200 LIVE: Shares drop; SQM to buy Azure for $1.6 billionShares fall; US tech stocks dive after earnings shortfall from Alphabet; Bullock ‘wary’ of CPI as she mulls another rate rise; Fortescue makes slow start on push for fifth iron ore export record. Follow here for more.
Read more »
ASX 200: ASX 200 LIVE: Shares drop; SQM to buy Azure for $1.6 billionShares fall; US tech stocks dive after earnings shortfall from Alphabet; Bullock ‘wary’ of CPI as she mulls another rate rise; Fortescue makes slow start on push for fifth iron ore export record. Follow here for more.
Read more »
ASX 200: Westpac’s Luci Ellis tips RBA to raise interest rate on Melbourne Cup dayShares fall; US tech stocks dive after earnings shortfall from Alphabet; Bullock ‘wary’ of CPI as she mulls another rate rise; SQM to buy Azure for $1.6 billion; Fortescue makes slow start on push for fifth iron ore export record. Follow here for more.
Read more »
ASX 200: ASX falls; Michele Bullock not ‘comfortable’ with services inflationWatch live: Michele Bullock says she is still analysing Wednesday’s CPI print and won’t be drawn on the implications for interest rates; shares are set to slip; US tech stocks dive after earnings shortfall from Alphabet. Follow here for more.
Read more »
ASX 200: ASX falls; Michele Bullock not ‘comfortable’ with services inflationWatch live: Michele Bullock says she is still analysing Wednesday’s CPI print and won’t be drawn on the implications for interest rates; shares are set to slip; US tech stocks dive after earnings shortfall from Alphabet. Follow here for more.
Read more »
ASX 200: ASX falls; Michele Bullock not ‘comfortable’ with services inflationWatch live: Michele Bullock says she is still analysing Wednesday’s CPI print and won’t be drawn on the implications for interest rates; shares are set to slip; US tech stocks dive after earnings shortfall from Alphabet. Follow here for more.
Read more »