|08 December, 2019

Sunday Outlook: Shares jump, dollar shines on positive U.S. jobs data

Oil prices jump on output cuts

Flames rise from an oil refinery in Cairo, May 6, 2008. Image used for illustrative purpose.

Flames rise from an oil refinery in Cairo, May 6, 2008. Image used for illustrative purpose.

REUTERS/Nasser Nuri

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

Stocks rally, dollar gains on robust U.S. jobs data
Oil rises as OPEC+ agree to production cuts

Gold slips 1% after robust U.S. jobs data; palladium soars
U.S. gold futures settled down 1.2% at $1,465.10 per ounce

Dollar shines after blockbuster U.S. jobs report; data backs steady Fed
The dollar was up 0.1% against the yen at 108.59 yen

Saudi delivers deeper cuts as OPEC+ oil producers back new pact
Saudi with OPEC peers and allies led by Russia backed a plan that could see cuts of as much as 2.1mln barrels per day


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