Wednesday Outlook: Asian stocks high on dogged optimism

Dollar wobbly; oil edges lower; gold rallies

  
People look at trading boards at a private stock market gallery in Kuala Lumpur, Malaysia May 14, 2018. REUTERS/Stringer

People look at trading boards at a private stock market gallery in Kuala Lumpur, Malaysia May 14, 2018. REUTERS/Stringer

REUTERS

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

Asia stocks touch 4-month top on dogged optimism
Market assumes economies to re-open even as virus rages

Dollar wobbly as PMI data stokes hopes for global recovery
Eurozone PMI data boosts recovery hopes

Oil edges lower as U.S. stockpiles grow more than expected
U.S. gasoline and distillate inventories fall

Gold rallies to more than 7-1/2 year high on flight to safety
Spot gold was up 0.2% at $1,769.59 per ounce as of 0043 GMT


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