Tuesday Outlook: World shares at record high; oil wobbles after Saudi price cuts

Dollar drifting; gold ticks up

  
A trader works on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 20, 2021.

A trader works on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 20, 2021.

REUTERS/Andrew Kelly

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

Staff Writer

World shares at record high as investors count on Fed largesse
Global shares firm after marking record highs for 7 days

Dollar drifting as traders turn to central bankers
Euro has been unable to hold above $1.19 and last bought $1.1881

Oil wobbles as demand woes stalk market after Saudi price cuts
Over 80% of oil output in Gulf of Mexico still offline

Gold ticks up on softer dollar, doubts over early Fed taper
Spot gold rose 0.2% to $1,826.75 per ounce


 

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