Tuesday Outlook: Oil edges upwards; gold prices rise

Optimism grows that US government stimulus will buoy global economic growth

  
Aview of oil and gas refinery. Image used for illustrative purpose.

Aview of oil and gas refinery. Image used for illustrative purpose.

Getty Images

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

Gold gains as dollar eases off four-week high
Spot gold rose 0.2% to $1,840.81 per ounce

Asia shares look to China for recovery lead, earnings in focus
MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.2%, to be a whisker from record highs

Dollar hovers near one-month high as Biden's FX policy takes shape
The dollar index was 0.1% lower at 90.690 in early Asian trading

Brent crude edges up as optimism over economy trumps demand concerns
U.S. West Texas Intermediate crude was at $52.25 a barrel, down 11 cents, or 0.2%


 

Gain a deeper understanding of financial markets with 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 2021

More From Equities