Thursday Outlook: Stocks dip on pandemic surge; fading stimulus hopes

Dollar rallies on an impasse over U.S. stimulus; oil holds; gold jumps

  
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.

Global shares slip on pandemic surge, failing stimulus hopes
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.5% while Japan's Nikkei dropped 0.5%

Oil holds gains on shrinking U.S. stockpiles
Oil markets climbed for a third day despite a resurgence in COVID-19 infections across Europe potentially denting fuel demand

Yen firm as global lockdown worries return, Aussie slips on easing hints
AUD drops after RBA Gov Lowe opens door to bond buying, cuts

Gold jumps 1% on dollar weakness, economic uncertainty
U.S. to get stimulus no matter who wins the election- analyst


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