Top world finance news headlines October 17, 2023 at 5:41 EDT:

Global Stocks Rise as Investors Weigh Central Bank Outlook. This is according to a report by Bloomberg, which says that global stocks rose on Tuesday, as investors weighed the outlook for central bank policy and corporate earnings. The MSCI World Index climbed 0.5%, while the S&P 500 Index gained 0.7%.
US Treasury Yields Fall as Demand for Safety Assets Grows. This is according to a report by Reuters, which says that US Treasury yields fell on Tuesday, as investors sought safety amid concerns about a global economic slowdown. The yield on the 10-year Treasury note fell 4 basis points to 3.23%, while the yield on the 2-year Treasury note fell 6 basis points to 4.21%.
Dollar Gains Versus Major Peers as Fed Rate Hike Bets Rise. This is according to a report by CNBC, which says that the dollar gained versus major peers on Tuesday, as investors bet that the US Federal Reserve will continue to raise interest rates aggressively. The US Dollar Index rose 0.3%.
Oil Prices Climb as OPEC+ Cuts Output and China Demand Rebounds. This is according to a report by The Wall Street Journal, which says that oil prices climbed on Tuesday, as OPEC+ cut output and China’s demand rebounded. Brent crude futures rose 1.5% to settle at $95.50 a barrel, while WTI crude futures rose 1.3% to settle at $90.40 a barrel.
European Gas Prices Retreat After Russia Says Nord Stream 1 to Restart. This is according to a report by Financial Times, which says that European gas prices retreated on Tuesday, after Russia said that the Nord Stream 1 pipeline would restart on Thursday. The benchmark Dutch front-month gas contract fell 7% to settle at 170 euros per megawatt-hour.
Chinese Yuan Slides to Record Low as Property Crisis Worsens. This is according to a report by The Guardian