Thursday Outlook: Asian shares ease, oil tumble more than $5 a barrel as US weighs massive reserves release
- Date: 31-Mar-2022
- Source: Zawya
- Sector:Financial Markets
- Country:Gulf
Thursday Outlook: Asian shares ease, oil tumble more than $5 a barrel as US weighs massive reserves release
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Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.
Asian stocks ease, oil sinks as U.S. weighs reserves release
MSCI's broadest index of Asia-Pacific shares outside Japan fe.ll 0.2%
Gold slips; set for best quarter in six as Ukraine crisis stokes demand
Spot gold was down 0.3% at $1,926.46 per ounce
Oil prices tumble more than $5 a barrel as Biden weighs massive reserves release
Brent futures were down $4.71, or 4.2%, to $108.58 a barrel
Euro holds at one-month high, yen set for worst month since 2016
The European single currency was at $1.1175 holding its highest in a month, having gained 1.7% so far this week
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