Sunday Outlook: Data, lockdowns weigh on stocks and oil

Gold falls 1% as dollar accelerates rally

  
A trader speaks on a phone outside the New York Stock Exchange (NYSE) following Election Day in Manhattan, New York City, U.S., November 4, 2020.

A trader speaks on a phone outside the New York Stock Exchange (NYSE) following Election Day in Manhattan, New York City, U.S., November 4, 2020.

REUTERS/Andrew Kelly

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

Data, lockdowns weigh on stocks and oil; dollar rises
Oil falls on China, Europe lockdowns

Oil drops over 2% on China lockdowns, U.S. stimulus concerns
Brent fell $1.32, or 2.3%, to settle at $55.10 a barrel

Gold falls 1% as dollar accelerates rally
Platinum falls as much as 4.4%, silver down 3.8%

Dollar finishes week stronger as U.S. data hurts risk appetite
British pound knocked by sour market mood

Mideast Stocks: Most Gulf shares ease, but weekly gains intact
Dubai, Abu Dhabi post 2nd straight weekly gain


 

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