Tuesday Outlook: Asian shares push higher; oil heads toward $70 

Dollar eases; gold prices at 3-1/2-month high

  
The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. Image used for illustrative purpose.

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. Image used for illustrative purpose.

REUTERS/Christian Hartmann

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

Asian shares push higher, dollar eases
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.06%

Dollar falls on expectations U.S. rates will stay low for longer
Fed speakers expected to repeat that rates will remain low

Oil extends gains on optimism over U.S., European re-openings
Brent crude oil futures were up 20 cents, or 0.3%, at $69.66 a barrel

Gold prices at 3-1/2-month high on weaker dollar, inflation anxiety
Spot gold was up 0.2% at $1,868.89 per ounce by 0101 GMT


 

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