Monday Outlook: Asian shares rise, oil climbs, dollar holds

Gold jumps on U.S.-China worries

  
An employee of a foreign exchange trading company uses a smartphone in front of a monitor showing the Japanese yen's exchange rate against the U.S. dollar, in Tokyo December 3, 2013. Asian shares eased and the dollar firmed on Tuesday as unexpectedly strong U.S. factory activity bolstered expectations the Federal Reserve will soon trim its stimulus, while the yen tumbled on speculation of further central bank easing. The dollar hit a six-month high of 103.175 yen, extending a 0.5 percent gain overnight and less than 1 yen away from a 4-1/2 year high reached in May. REUTERS/Issei Kato

An employee of a foreign exchange trading company uses a smartphone in front of a monitor showing the Japanese yen's exchange rate against the U.S. dollar, in Tokyo December 3, 2013. Asian shares eased and the dollar firmed on Tuesday as unexpectedly strong U.S. factory activity bolstered expectations the Federal Reserve will soon trim its stimulus, while the yen tumbled on speculation of further central bank easing. The dollar hit a six-month high of 103.175 yen, extending a 0.5 percent gain overnight and less than 1 yen away from a 4-1/2 year high reached in May. REUTERS/Issei Kato

REUTERS/Issei Kato

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Asia shares follow S&P 500 higher, oil and gold jump
Brent jumps to 5-week high on hopes for demand revival

Oil prices climb more than $1 ahead of WTI June contract expiry
No sign of repeat of price rout on eve of May contract expiry

Gold jumps to highest since Oct 2012 on U.S.-China worries
Spot gold was up 0.9% at $1,756.79 per ounce by 0043 GMT

Dollar holds firm on China tensions; negative rates talk sinks pound
Pound at 7-week low on Brexit worries, talk of negative rates


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