|29 March, 2020

Sunday Outlook: Stocks down on virus' economic toll

Dollar posts biggest weekly fall since 2009

A trader wears a mask as he works on the floor of the New York Stock Exchange (NYSE) as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak in New York, U.S., March 20, 2020.

A trader wears a mask as he works on the floor of the New York Stock Exchange (NYSE) as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak in New York, U.S., March 20, 2020.

REUTERS/Lucas Jackson

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

Stocks down on virus' economic toll; dollar falls further
USD on track for largest weekly loss since 2009

Oil plunges posting fifth straight weekly loss despite stimulus efforts
Brent crude settled down $1.41, or 5.35% at $24.93 a barrel

Dollar posts biggest weekly fall since 2009
Dollar index last week had racked up its biggest weekly gain since the financial crisis

Gold eases, but eyes biggest weekly gain since 2008
Silver fell 0.2% to $14.36

Mideast Stocks: Most major Gulf stocks decline, but banks boost Saudi
Saudi Arabia's benchmark index advanced 1.9%


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