Oil prices slid on Friday and were on track for weekly losses as strong U.S. economic data heightened concern that the Federal Reserve will continue tight monetary policy to tackle inflation, which could hit fuel demand even as crude stockpiles grow. Brent crude futures dropped 49 cents, or 0.6%, to $84.65 per barrel by 0105 […]
Global stocks were pressured on Friday and safe-haven buying supported government bonds as concerns about the stability of the banking system lingered. The MSCI World share index traded 0.6% lower. Europe’s STOXX 600 index was down 1.6%. A STOXX sub-index of bank shares, which has swung wildly this week as traders debated if a forced […]
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