Monday Outlook: Shares stumble; gold eases; dollar firms

Oil drops as virus fears threaten recovery

  
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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Asian shares stumble ahead of EU Summit, U.S. stimulus talks
Eyes on fiscal support package talks in EU, U.S.

Gold eases on firmer dollar; virus fears limit losses
Specs cut gold bullish positions in week ended July 14 - CFTC

Oil falls as worsening pandemic threatens recovery
Fuel demand has recovered from a 30% drop in April after countries around the world imposed strict lockdowns

Euro hovers near 4-month peak as market looks to EU summit
The dollar is broadly weak as investors maintained strong risk appetite


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