Page 283 - Rep News Today

UK's FTSE 100 rose on Monday, with broad-based gains led by oil stocks following a jump in crude prices, while shares in Deliveroo sank to a record low on concerns about a European Union ruling on gig workers.

Australian shares closed slightly higher on Monday, as upbeat comments from Treasurer Josh Frydenberg on the economic prospects for 2022 offset some worries surrounding the Omicron coronavirus variant.

Asian share markets lagged a bounce in U.S. and European futures on Monday, while bonds surrendered some of their recent gains and oil rallied as Saudi Arabia lifted its crude prices.

Latin American currencies moved little on Monday as uncertainty over the Omicron coronavirus variant kept sentiment subdued, while investors feared a spillover from a potential default in China's property market.

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London Metal Exchange (LME) nickel stocks have been falling relentlessly since April of this year.

The Indonesian rupiah hit an over three-month low on Monday, as Asia's emerging markets were mixed amid investors assessing the potential economic fallout of the new Omicron variant and an increasingly hawkish commentary from the U.S. Federal Reserve.

Japan's Nikkei share average ended lower on Monday, dragged down by a sharp decline in SoftBank Group , but optimism that the Omicron variant might not have as much impact on the economy as feared helped the index pare some of early losses.

U.S. natural gas futures shed over 11% on Monday to the lowest in more than 4-1/2 months, as forecasts for mild December temperatures soured the demand outlook.

Canada's main stock index opened higher on Monday, mirroring global mood, with energy stocks tracking a jump in oil prices as concerns around the Omicron coronavirus variant eased.