Wednesday Outlook: Asian stocks jump, gold eases, brent oil rises to $40

Dollar falls as other economies enter recovery

  
People are seen behind electronic boards showing Nikkei average (top) and exchange rate between Japanese Yen and U.S. dollar after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan's stock market, in Tokyo, Japan, January 4, 2019.

People are seen behind electronic boards showing Nikkei average (top) and exchange rate between Japanese Yen and U.S. dollar after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan's stock market, in Tokyo, Japan, January 4, 2019.

REUTERS/Kim Kyung-Hoon

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Asian stocks jump to 3-month high as recovery hopes outweigh looming risks
Hopes of recovery from epidemic leads short-covering in stocks

Brent oil rises to $40 amid hopes for output cuts, recovery
OPEC+ may extend production cuts of about 10% of global output into July or August

Dollar stumbles as recovery hopes boost Asian FX
Euro in focus before ECB

Gold eases as equity rally boosts risk appetite
Spot gold was down 0.2% at $1,722.93 per ounce, as of 1252 GMT


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