Tuesday Outlook: Stocks flater; oil prices stabilise after slumping around 7%

Markets retreat over relentless surge of the Delta coronavirus variant 

  
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2021.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2021.

REUTERS/Brendan McDermid

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

Stocks falter as virus outbreaks fan global recovery fears
Japan's Nikkei 225 hit a six-month low in early trade and widened the losses to 1.05%

Oil steadies after rout on rising COVID-19 cases, OPEC+ supply deal
Brent crude gained 38 cents, or 0.6%, to $69.00 a barrel

Gold prices flat as lower U.S. bond yields offset firmer dollar
U.S. gold futures edged up 0.3% at $1,813.80

Yen, dollar ascendant as Delta variant spurs flight to safety
U.S. dollar held near multi-month highs against the riskier Australian dollar and British pound

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