South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Australia’s housing finance for the month of September fell in line with expectations in September, with declines across all segments. The recent fall in owner-occupier finance suggests that weaker sentiment is now also having an impact on the broader market, according to the latest report from ANZ Research.
The value of housing finance commitments fell sharply again in September. Following some downward revisions to the August results, the value of finance has fallen 7.5 percent in the last two months, which is one of the weakest consecutive results on record.
For the second month running, most of the monthly decline was in the owner-occupier segment. Owner-occupier approvals are now 11 percent lower than a year ago, which is the largest decline since 2010.
While most of the focus around credit tightening has been on investors, the accelerating decline in owner-occupier borrowing suggests that weaker sentiment in the housing market is having an impact on the demand for credit.
"Further weakness in house prices is likely, although smaller loans should be considered a positive development from a financial stability point of view," the report commented.
