Thursday Outlook: Asian shares hit as China rallies; oil crosses $65

Bitcoin soars; gold recovers; dollar buoyed

  
A photographer takes photo of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020.

A photographer takes photo of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020.

REUTERS/Kim Kyung-Hoon

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

China shares rise on return from holiday, profit-taking hits other markets
Treasury yields pull back after sell-off goes too far for some

Oil prices extend gains as Texas cold snap cuts U.S. output
OPEC+ likely to ease supply curbs after April -sources

Dollar buoyed by U.S. recovery hopes, bitcoin near record $52,640
Stimulus cheques helped U.S. retail sales to rebound sharply in January

Gold recovers from over 2-month low as Treasury yields retreat
Spot gold was up 0.1% at $1,777.06 per ounce by 0012 GMT

Bitcoin soars to new high above $52,000; sustainability concerns rise
Prices unsustainable without lower volatility, says JPMorgan


 

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