Thursday Outlook: Oil prices rise; Asian shares at 1-month high

Hopes for more U.S. stimulus helped restore investor confidence

  
Offshore drilling oil rig for producing oil and gas in the petroleum industry. Image used for illustrative purpose.

Offshore drilling oil rig for producing oil and gas in the petroleum industry. Image used for illustrative purpose.

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Asian shares at 1-month highs on renewed U.S. stimulus hopes
Wall Street rallied overnight with the Dow up 1.9%

Oil prices rise as Hurricane Delta approaches U.S. Gulf of Mexico
Brent crude futures rose 20 cents, or 0.5%, to $42.19 a barrel

Gold steady on U.S. stimulus hopes, jobless claims data awaited
Spot gold was little changed at $1,886.69 per ounce

Dollar, yen sold as U.S. stimulus hopes boost sentiment
The euro edged up 0.2% to $1.1767 and held there early in the Asia session


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