Asian Stock Market: China’s anti-Covid curb protests hurt sentiment, oil refreshes 11-month low

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Asian Stock Market: China’s anti-Covid curb protests hurt sentiment, oil refreshes 11-month low – by Sagar_Dua24 Asia Coronavirus Nikkei RiskAversion Oil

The resurgence of Covid-19 in China has been sustained for several months and now households are frustrated and angry being at home without solid earnings to augment basic needs. The situation of protests in China along with slogans of ‘democracy not dictatorship’ has triggered the risk of civil war. This has triggered a risk-aversion theme in global markets, and, the Asia-Pacific region is facing immense heat.

At the press time, Japan’s Nikkei225 slipped 0.50%, ChinaA50 plunged 1.88%, Hang Seng plummeted 1.86% while Nifty50 has gained 0.24% as the China+1 strategy is going to strengthen Indian equity markets. is aiming to establish its business above the two-day high of 106.40 amid an improvement in safe-haven’s appeal. The USD index is expected to remain on tenterhooks ahead of the US Automatic Data Procession employment data. As per the consensus, the US economy has added 200k jobs in November vs.

On the oil front, oil prices have refreshed their 11-month low near $74.00 as weaker projections for aggregate demand in China have also impacted guidance for oil demand. China is a leading importer of oil and sluggish demand in China is propelling

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's Latest COVID Outbreak Strains CCP Zero-Covid MeasuresAnother record wave of COVID infections in China is being met with more lockdowns, frustrating some Chinese citizens. See potential bias and similarities in coverage from AP, axios, and nypost: AP axios nypost Klaus Schwab is sending Xi his approval...
Source: AllSidesNow - 🏆 572. / 51 Read more »

Got a weird COVID-19 symptom? You’re not alone.From COVID tongue to COVID toe, doctors have seen some bizarre cases. COVID19 COVID CovidIsntOver COVIDSymptoms
Source: SAcurrent - 🏆 607. / 51 Read more »

Prague Christmas market returns after COVID but with fewer lightsThousands of people poured into Prague's medieval Old Town Square at the weekend for the lighting of a 25-metre (80-foot) Christmas tree and the reopening of the annual market after a two-year COVID-19 shutdown, but the energy crisis meant fewer lights than usual. It’s a start
Source: Reuters - 🏆 2. / 97 Read more »

U.S Stock Market | U.S Financial MarketsCurrent data on the financial markets for United States, including major and sector indices and their components, leading stocks, gainers and losers. Missing a character I think the DOW had a formula change to help close the gap.
Source: Investingcom - 🏆 450. / 53 Read more »

Fintechs and the Stock-Based Loan Market | HackerNoonToday, companies that use stock-based lending to finance their businesses generally borrow at higher costs than if they used traditional debt financing. - stock stockmarket
Source: hackernoon - 🏆 532. / 51 Read more »

Deadly fire in Xinjiang stirs anger over China's zero-Covid policyA fire that killed 10 and injured 9 in China's northwest Xinjiang region has spurred an outpouring of anger at the country's zero-Covid policy, with online users blaming the strict measures for hampering rescue attempts
Source: trtworld - 🏆 101. / 63 Read more »