Tuesday Outlook: Strong U.S. data lifts stocks; dollar pauses for breath

Gold gains; oil climbs thus outweighing OPEC+ supply worries

  
U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021.

U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021.

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.

Stocks gain on U.S. recovery prospects but dollar pauses for breath
U.S. dollar index lingers near two-week low

Dollar drops with U.S. yields despite strengthening U.S. recovery
Bitcoin above $59,000 as crypto market cap tops $2 trillion

Gold gains as dollar, U.S. Treasury yields lose shine
Spot gold was up 0.3% at $1,733.31 per ounce

Oil climbs on weaker dollar, outweighing OPEC+ supply worries
Saudi Arabia is set to phase out its extra voluntary cut of 1 million bpd over three months


 

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