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Июнь
2023

Asian stocks dip after short-lived Russian mutiny

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Investors are looking to China as stocks slip and oil rises due to concerns about stability and crude supply after the abortive weekend mutiny by Russian mercenaries. Brent crude futures rose 1% to $74.55 a barrel and U.S. crude rose above $70, recouping previous losses. The yen rose and indexes such as Japan's Nikkei and Australia's ASX 200 fell. The market is also worried about a darkening growth outlook, a post-pandemic recovery in China and global interest rates remaining high. The Australian dollar remained steady at $0.6679, the euro at $1.0906 and sterling at $1.2728.



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