Asian stock markets were mixed on Wednesday, the Nikkei 225 in Tokyo lost 0.65% to 27,753.37, the Hang Seng in Hong Kong climbed up marginally by 0.55% to 23,788.93 and China's Shanghai Composite Index declined by 0.09% to 3,573.84
Business
Global Market Trend As Of June 2nd, 2022
June 2, 2022
Commodity, Oil prices also sank ahead of OPEC's meeting where the cartel may decide on production targets following President Biden's decision to tap the Strategic Petroleum Reserve. Crude is now sitting in a bear market, down over 20% from its October highs. U.S. West Texas Intermediate (WTI) fell 1.7%, to the $65 per barrel level.