Monday Outlook: World stocks near record high; all eyes on Fed; dollar little changed

Oil at a high; gold prices low

  
A U.S. Dollar note is seen in this June 22, 2017 illustration photo. Saudi to conduct next dollar issue in first half 2018.

A U.S. Dollar note is seen in this June 22, 2017 illustration photo. Saudi to conduct next dollar issue in first half 2018.

REUTERS/Thomas White/Illustration

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

World stocks near record high as investors await dovish Fed act
The rally came even as U.S. inflation data on Thursday exceeded market expectations

Oil holds near multi-year highs amid demand recovery
Brent crude was up 14 cents, or 0.2%, at $72.83

Dollar little changed as traders seek direction from Fed meeting
The yen was at 109.715, after weakening to 109.840 on Friday for the first time since June 4

Gold prices at 1-1/2-week low on dollar strength as Fed meeting looms
Fed likely to keep flexibility on tapering at meeting

Bitcoin rises 9.8% to $39,035
Ether, the coin linked to the ethereum blockchain network, surged 7% to $2,532.77 on Sunday


 

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