Tuesday Outlook: Stocks fall from records; dollar rises again, bitcoin tumbles

Gold gains; oil prices sapped by rising COVID-19 cases

  
Image used illustrator purpose. A money changer counts U.S. dollar banknotes at a currency exchange office in Diyarbakir, Turkey May 23, 2018.

Image used illustrator purpose. A money changer counts U.S. dollar banknotes at a currency exchange office in Diyarbakir, Turkey May 23, 2018.

REUTERS/Sertac Kayar

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

Stocks fall from records, U.S. yields continue to climb
Dollar rises again, bitcoin tumbles as much as 21%

Dollar buoyed by rising U.S. yields amid new stimulus prospects
The dollar index has rebounded from a nearly three-year low reached last week

Gold gains as stocks dip on Washington worries, rising virus cases
Gold underpriced at current levels- economist

Oil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems losses
U.S. crude stockpiles seen down for fifth week - Reuters poll


 

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