Wednesday Outlook: Asian stocks poised for loss; oil rises

Dollar hits high; gold faces headwinds

  
An employee of the foreign exchange trading company works in front of monitors showing Japan's Nikkei share average and the Japanese yen exchange rate against the U.S. dollar at a dealing room in Tokyo, Japan November 9, 2020.

An employee of the foreign exchange trading company works in front of monitors showing Japan's Nikkei share average and the Japanese yen exchange rate against the U.S. dollar at a dealing room in Tokyo, Japan November 9, 2020.

REUTERS/Issei Kato

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

Asian stocks poised for first monthly loss since October on bond rout
MSCI Asia ex-Japan up on Wednesday on economic recovery hopes

Gold faces headwinds from strong China factory data
Spot gold was down 0.1% to $1,683.56 per ounce

Oil rises on expectations OPEC+ will maintain supply discipline
Brent crude futures rose 15 cents, or 0.2%, to $64.29 a barrel at 0202 GMT

Dollar hits new one-year high to yen on U.S. pandemic recovery optimism
The dollar index held above 93 after surging as high as 93.357 on Tuesday


 

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