Thursday Outlook: Stocks advance on vaccine, recovery hopes; oil rallies

Dollar grinds lower; gold edges up

  
Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020.

Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020.

REUTERS/Brendan McDermid

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

Asian shares advance as vaccine, recovery hopes triumph soft U.S. data
World stocks on track to make biggest monthly gain ever

Oil rally boosted by surprise fall in U.S. stocks
Brent futures were up 45 cents, or 0.9%

Dollar losses put on hold but long-term outlook tilts to downside
Improving risk appetite draws funds from dollar

Gold edges up as recovery hopes ebb on U.S. jobs data, virus concerns
Spot gold rose 0.3% to $1,810.06 per ounce by 0052 GMT


 

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