Tuesday Outlook: Asian stocks on a high; oil near $70; dollar in doldrums

Gold scales near 5-month peak

  
A 3D printed oil pump jack is placed on dollar banknotes in this illustration picture, April 14, 2020. Image used for illustrative purpose

A 3D printed oil pump jack is placed on dollar banknotes in this illustration picture, April 14, 2020. Image used for illustrative purpose

REUTERS/Dado Ruvic/Illustration

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

Asian stocks at month high ahead of U.S. jobs data, gold rises
The world's recovery from the COVID-19 pandemic remains patchy

Oil up, near $70 a barrel as demand outlook improves
Producers likely to stick to gradual easing of supply cuts

Dollar in doldrums as traders ponder Fed policy path; sterling soars
British pound rallied to a three-month peak at $1.425

Gold scales near 5-month peak on weaker dollar, inflation worries
Spot gold was up 0.2% at $1,911.45 per ounce


 

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