Global markets follow mixed course amid recession fears
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Global markets follow mixed course amid recession fears

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Global markets follow mixed course amid recession fears
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Precious metal prices see slight declines while oil prices move up

ISTANBUL

While recession concerns continue to weigh on markets, the stock and commodity markets are reacting in diverse ways.

The global commodity market’s selling trend accelerated last week amid heightened volatility.

While crude oil prices rose on Monday, precious metals posted a slight decline.

Gold was down 0.3% to $1,822 and silver was down 0.05% to $21.13, while Brent oil was up 1.8% to $111.12 and US benchmark West Texas Intermediate was up 2% to $109.85.

The G-7 countries’ decision to impose new sanctions on Russia, and the issue of setting a ceiling price for Russian oil, also pushed up oil prices, which were already affected by supply problems.

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On Monday, the US stock market closed lower to give up its earlier gains. The Dow was down by 0.2% to 31,438, the S&P 500 was down by 0.3% to 3,900, and Nasdaq was also down by 0.83% to 11,511 at the close.

The VIX volatility index, also known as the fear index, was up 0.73% to 27.43, while the dollar index fell 0.25% to 103.92, and the 10-year US Treasury yield increased 2.2% to 3.192% at Monday’s close.

On the European side, markets saw mixed figures at the close.

While the STOXX Europe 600, UK’s FTSE, and Germany’s DAX 30 closed the day in positive territory, France, Italy and Spain’s indices were in the red.

Meanwhile, Asian indices closed Monday with gains on the expectation that recession concerns would ease the tightening policies of global central banks.

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At the close, the Asia Dow earned 1.87%, the Nikkei 255 1.43%, the Hang Seng 2.35%, Shanghai 0.88%, the 0.86% and Singapore 0.83%.

On Tuesday, as of GMT0606, half of the Asian indices were in the positive, while the Hang Seng, Sensex and Singapore indices were in the negative territory.

On Monday, Türkiye’s Borsa Istanbul dropped by 0.97% to 2,529.26 points.

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“Rahul Looks Beautiful But…”: Himanta Sarma Doubles Down On “Like Saddam” Dig

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Himanta Sarma Doubles Down
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“I only said Rahul Gandhi, with his beard, looks like Saddam Hussein. I didn’t say anything else,” Assam Chief Minister says in an NDTV interview

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Lady Susan Hussey, Queen’s confidante and Prince William’s godmother – profile

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Lady Susan Hussey
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Lady Susan Hussey, who has stepped down from her role as a senior palace aide, was a key and trusted figure in the British royal household for decades.

The 83-year-old is godmother to Prince William, the Prince of Wales, and was one of Queen Elizabeth II’s closest confidantes.

She was her longest-serving lady-in-waiting – with the title Woman of the Bedchamber – having first been recruited in 1960. Lady Hussey was also portrayed briefly in the current season of the popular Netflix series, The Crown.

  • Palace aide quits over remarks to black charity boss
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Susan Katharine Hussey, Baroness Hussey of North Bradley, was born in 1939, the fifth and youngest daughter of the 12th Earl Waldegrave and Mary Hermione, Countess Waldegrave.

She has two children – one of whom, daughter Katharine, followed her mother into royal service, and serves as an official companion to Camilla, the Queen Consort.

Queen Elizabeth II Laughing With Her Lady-in-waiting, Lady Susan Hussey As They Gather Bouquets Of Flowers During A Walkabout On Her Jubilee Tour.IMAGE SOURCE, TIM GRAHAM
Lady Susan Hussey gathers bouquets during a walkabout with the Queen on her Jubilee Tour, 2002

Lady Hussey started working for the Royal Family in the same year the Queen gave birth to her third child, Prince Andrew.

At first, her role was to help answer letters, eventually becoming part of a close-knit inner circle of ladies-in-waiting with unrivaled knowledge of the workings of the palace.

The role of lady-in-waiting was typically given to wealthy aristocrats who were not paid a salary but becoming Woman of the Bedchamber was considered an extremely prestigious role.

Queen Elizabeth II And Prince Philip Seated On Thrones At The State Opening Of Parliament Held In The House Of Lords. The Queen And Prince Philip Are Accompanied By Ladies-in-waiting And Pages Of Honour. The Ladies-in-waiting Are Diana Lady Farnham And Lady Susan Hussey (far Right). (Photo by Tim Graham Photo Library via Getty Images)IMAGE SOURCE,TIM GRAHAM
Lady Susan Hussey (far right) accompanying the Queen and Prince Philip at the State Opening of Parliament, 2004

She sat alongside the Queen in the royal Bentley on the journey to the funeral of Prince Phillip, the Duke of Edinburgh, in 2022, and led members of the royal household at her funeral at Westminster Abbey in September of the following year.

Buckingham Palace announced last week that Lady Hussey and the other former ladies-in-waiting who served the Queen would help King Charles III to host events and would be known as “ladies of the household”.

She resigned from that role, and apologized, after she repeatedly asked a black British charity boss where she was from at a palace event for campaigners against sexual violence against women.

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Therefore, Prince Harry should not have been informed about her cancer

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Prince Harry should not have been informed about her cancer
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While the Royal Family knew about Queen Elizabeth’s alleged cancer, one family member was said not to have been informed for a very specific reason: Prince Harry.

The headlines surrounding the new book by  Gyles Brandreth , 74, a former MP and close friend of Queen Elizabeth , †96, and her husband Prince Philip , †99, don’t stop. In “Elizabeth: An Intimate Portrait” the author not only unpacks the Queen’s relationship with her grandson Prince Harry , 38, and his wife Duchess Meghan , 41, but also about their health condition.

Did Queen Elizabeth Have Bone Marrow Cancer?

Gyles Brandreth claims the monarch was suffering from a form of myeloma, “which would explain her fatigue, weight loss and the ‘mobility problems’ that we were often told about in the last year of her life.”

But while the public remained ignorant of her condition before the Queen’s death, the royal family was of course informed – except for Harry and Meghan, according to journalist  Kinsey Schofield in her “The To Di For Daily Podcast”. She believes that the emigrated couple was not informed about this and there is a very specific reason for that.

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Prince Harry is said not to have known

“Someone texted me today and said that Gyles may […] have gotten permission from the family to put this in his book to make sure it doesn’t become breaking news if Harry reveals it in ‘Spare’ , which I think is very intelligent.”

Kinsey Schofield thinks the royal family simply wanted to maintain control over whether and how this information is released. The renegade prince, whose scandalous memoir is due out in January, simply couldn’t be trusted.

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Sources used: The To Di For Daily Podcast, express.co.uk, mailplus.co.uk

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