Today’s Announcements & News
Australian shares are poised to open lower as US stocks pulled back amid a rethink on what the peak will be for interest rates. The ASX 200 futures were down 0.42%.
Asian markets are set to open lower as indicated by futures pricing. Nikkei 225 futures fell 0.76%, and Hang Seng Index slid 0.46%.
Microsoft faces the UK regulator’s scrutiny over competition concerns of its $69 billion acquisition of Activision Blizzard. The UK’s Competition and Markets Authority raised concerns that it could harm competition in the gaming industry and may require Microsoft to meet a few requirements to complete the deal.
Crude oil extended the third straight day gain amid China’s reopening optimism. Despite improved demand prospects, OPEC + is expected to stick with their current output quota through 2023. Tight supply is still a major concern if there is no global economic recession.
Danish gas and power trading company, bought by Equinor ASA for less than $US500 million in 2018 after Goldman Sachs Group backed out of the bidding, made profits of more than $US1 billion last year.
The above analysis is only for the views of market researchers and is for reference only and is not regarded as a specific investment suggestion.