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Stocks, bonds cautious before big week for risk

Key points

  • Global shares edged up on Monday as oil prices eased from six-month highs, ahead of a week of central bank meetings and corporate earnings. Oil fell about two per cent to $US114.60 after reports that Qatari mediators were in Tehran in an effort to ease tensions.
  • The Houthi group in Yemen said it had attacked Saudi Arabia's East-West crude oil pumping stations and Riyadh airport, though Riyadh did not immediately confirm this.
  • Markets expect the US Federal Reserve to hold rates steady this month but price in a likely rate rise in December.
Stocks, bonds cautious before big week for risk
Photo: Michael West Media

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Continue reading · Michael West Media
Disclaimer

This is an AI-generated summary based on reporting by Michael West Media. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.

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