World Markets Mostly Gain Ahead of Fed Report, US Jobs Data

[Epoch-Times-Bot]

World Markets Mostly Gain Ahead of Fed Report, US Jobs Data

BEIJING—Global stock markets and Wall Street futures were higher Tuesday ahead of updates on U.S. jobs amid fears of a possible global recession.
Frankfurt, Shanghai, and Hong Kong advanced. Seoul declined. Oil prices rose.
Coming off a year of big declines for major stock markets, traders worry the Federal Reserve and other central banks might be willing to push the world into recession to cool inflation that is at multi-decade highs. Investors also are uneasy about the impact of Ukraine’s war and China’s COVID-19 outbreaks.
"Almost everyone is going into 2023 with a healthy dose of trepidation," Craig Erlam of Oanda said in a report....

Source: World Markets Mostly Gain Ahead of Fed Report, US Jobs Data

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