Monday Outlook: Stocks wary as coronavirus spike shakes confidence

Oil drops; gold climbs; dollar holds ground

  
Image used for illustrative purpose. A currency dealer works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) (C), the exchange rates between the Chinese yuan and South Korean won (L), and tthe exchange rate between U.S. dollar and South Korean won (R), at a dealing room of a bank in Seoul, South Korea.

Image used for illustrative purpose. A currency dealer works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) (C), the exchange rates between the Chinese yuan and South Korean won (L), and tthe exchange rate between U.S. dollar and South Korean won (R), at a dealing room of a bank in Seoul, South Korea.

REUTERS/Kim Hong-Ji

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies

Asia stocks wary as coronavirus threatens economic reopening
Deaths from COVID-19 reached half a million on Sunday

Safety bid supports dollar as coronavirus surge shakes confidence
Risk-currency rally stalled as dollar holds ground

Oil prices drop for 2nd straight session as coronavirus spike cools demand hopes
Global coronavirus cases exceed 10 million

Gold climbs as fears over surging virus cases boost demand
Spot gold rose 0.1% to $1,772.61 per ounce by 0015 GMT


Gain a deeper understanding of financial markets through Thomson Reuters Eikon

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020

More From Equities