Thursday Outlook: Stock markets rally; dollar remains on back foot

ECB's policy-setting decision main focus for markets

  
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021.

REUTERS/Brendan McDermid

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

Stocks shrug off virus worries; ECB in focus
MSCI's broadest index of Asia-Pacific shares outside Japan followed Wall Street higher and rose 1%

Oil prices fall after unexpected rise in U.S. crude oil stocks
Brent crude fell 32 cents, or 0.4%, to $71.91 a barrel

Dollar, yen in retreat as risk sentiment revives, Musk lifts bitcoin
The dollar index stood at 92.810 after pulling back from a 3 1/2-month high of 93.194

Gold hits 1-week low as renewed risk appetite dulls lustre
Spot gold fell 0.4% to $1,803.11 per ounce

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