PHOTO
- Oil prices gain on Chinese data
- Asian shares little changed
- Egypt’s EGX30 gains 3.3 percent
- Dollar steadies, gold drops
Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.
Oil prices climb as positive China factory data eases demand concerns
Oil prices edged up on Monday after China's factories unexpectedly ramped up production in September, easing concerns about demand at the world's largest crude importer amid an ongoing trade war with the United States.
Asian shares mostly flat, Japan hurt by Sino-U.S. tensions
Asian stock markets, including China's, were little changed on Monday, shrugging off news that the U.S. administration is considering delisting Chinese companies from U.S. stock exchanges.
Mideast Stocks: Egypt posts third winning session while other markets mixed
Egypt's stock market rose sharply on Sunday, extending gains for a third session following steep losses triggered by September 20 protests.
Dollar supported as fears of ramp up in Sino-US trade war ease
The dollar was supported on Monday in cautious trade as worries of an immediate widening of the Sino-U.S. trade war eased and markets awaited the latest Chinese manufacturing data for a glimpse into the health of the world's second-largest economy.
Gold prices dip as fears of widening trade war ease
Gold prices inched down in early trade on Monday as concerns over an escalation in the U.S.-China trade war eased, boosting the dollar.
Our Standards: The Thomson Reuters Trust Principles
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 2019