Asia shares in cautious mood, oil keeps climbing – Reuters
- Date: 31-Jan-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Gulf
Asia shares in cautious mood, oil keeps climbing – Reuters
SYDNEY, Jan 31 (Reuters) - Asian share markets made a cautious start to a week that is likely to see a rise in UK interest rates and mixed reports on U.S. jobs and manufacturing, while surging oil prices added to worries over inflation.
Data out on Sunday showed China's factory activity slowed in January as a resurgence of COVID-19 cases and tough lockdowns hit production and demand. read more
The standoff over Ukraine remains a thorn in the market's side, with concerns a Russian invasion would also cut vital gas supplied to western Europe. read more
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