|29 January, 2020

Wednesday Outlook: Dollar scaled near two-month peak ahead of Fed policy meeting

Equity markets rebound  following positive U.S. economic data

A screen displays the trading price for Bank of America and Black Rock stocks on the floor of the New York Stock Exchange, January 17, 2013. Bank of America's fourth-quarter profit fell as it took more charges to clean up mortgage-related problems. While BlackRock Inc, the world's largest money manager, said on Thursday its fourth-quarter profit rose 24 percent, bolstered by increased investor confidence in global stock markets. REUTERS/Brendan McDermid

A screen displays the trading price for Bank of America and Black Rock stocks on the floor of the New York Stock Exchange, January 17, 2013. Bank of America's fourth-quarter profit fell as it took more charges to clean up mortgage-related problems. While BlackRock Inc, the world's largest money manager, said on Thursday its fourth-quarter profit rose 24 percent, bolstered by increased investor confidence in global stock markets. REUTERS/Brendan McDermid

REUTERS/Brendan McDermid

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

Asian shares turn red as Hong Kong tumbles on China virus
Hong Kong shares fell 2.8% on their first session

Oil rises as investors take stock of economic hit from virus
Brent crude rose 33 cents, or 0.6%, to $59.84 a barrel

Risk currencies steady as investors assess virus fallouts
The yen traded at 109.16 yen per dollar, off Monday's three-week high of 108.73

Gold dips as stocks recover, dollar gains ahead of Fed meeting
Silver dropped about 3% to $17.56, while platinum rose 0.2% to $985.17

Mideast Stocks: Corporate earnings lift UAE; other major markets extend losses
Saudi's Metlife slides on merger approval


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