Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

Asian shares slide as fears over hawkish Fed mount
The spike in the Asian currency came after Bank of Japan's surprise tweak on Tuesday to allow the 10-year bond yield to move 50 basis points either side of its 0% target

US stocks: Wall Street tumbles on rate, recession worries, bleak chipmaker outlook
Recession fears related to the Fed's prolonged interest rate hiking cycle have weighed heavily on equities this year

Dollar solidly bid on Fed view, economic resilience, yen eyes weekly gain
The number of Americans filing new claims for unemployment benefits increased less than expected last week

Oil climbs on expected drop in Russian exports, offsets U.S. storm impact
Brent crude rose 88 cents, or 1.1%, to $81.86 a barrel by 0148 GMT

Gold flat as focus shifts to inflation data
Spot gold was little changed at $1,793.22 per ounce as of 0034 GMT

Crypto firm Bullish, Far Peak call off $9bln SPAC deal
One of the hallmarks of pandemic-era dealmaking, SPACs have since fallen out of favor amid a regulatory crackdown and a sudden rise in interest rates

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