Tuesday Outlook: Asian stocks on a high; dollar soft

Trump discharge boosts risk sentiment; oil holds gains; gold steady

  
Image used for illustrative purposes. A Thai investor sits in front of an electronic board displaying live market data at a stock broker's office in central Bangkok, Thailand, August 24, 2015. Asian stocks slumped to 3-year lows on Monday as a slide in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown churned through markets.

Image used for illustrative purposes. A Thai investor sits in front of an electronic board displaying live market data at a stock broker's office in central Bangkok, Thailand, August 24, 2015. Asian stocks slumped to 3-year lows on Monday as a slide in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown churned through markets.

REUTERS/Athit Perawongmetha

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Asian stocks at 2-week high as Trump returns to White House
Asian markets on Monday unwound most of a Friday selloff in the wake of Trump's COVID-19 diagnosis

Dollar soft as U.S. stimulus hopes, Trump discharge boost risk sentiment
Renewed hopes of U.S. stimulus support riskier currencies vs USD

Oil holds gains after Trump's return to White House
Prices fell sharply last Friday when Trump went into hospital

Gold holds steady as weaker dollar offsets upbeat risk sentiment
U.S. gold futures were little changed at $1,919.30


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