Tuesday Outlook: Gold prices rise supported by weaker dollar; Asian shares dip

Slow progress on a U.S. stimulus deal hits investor sentiment

  
A man looks at an electronic board showing Japan's Nikkei average outside a brokerage at a business district in Tokyo, Japan August 9, 2017.

A man looks at an electronic board showing Japan's Nikkei average outside a brokerage at a business district in Tokyo, Japan August 9, 2017.

REUTERS/Kim Kyung-Hoon

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

Dollar holds small gains as markets buffeted by COVID-19 woes, election uncertainty
Moves in the currency market were more muted, though the dollar index lifted about 0.3% overnight

Asian shares hit by surging coronavirus cases, U.S. stimulus woes
MSCI's gauge of Asia Pacific stocks outside Japan was down 0.43%

Gold ticks up on softer dollar, coronavirus woes
U.S. gold futures GCv1 were up 0.2% at $1,909.20

Oil selloff pauses, but outlook shaky on surging coronavirus cases, supply woes
The gloomy backdrop is set to keep prices under pressure over the coming day


Gain a deeper understanding of financial markets through Thomson Reuters Eikon

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020

More From Equities