Wednesday Outlook: Markets climb on vaccine hopes; gold steadies above $1,800

Dollar on the defensive; focus on OPEC+ meeting

  
Attendees are seen next to a screen showing stock price index 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 6, 2020.

Attendees are seen next to a screen showing stock price index 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 6, 2020.

Reuters/Kim Kyung-Hoon

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Asian markets, risk assets ride up on vaccine hopes
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.2%

Gold steadies above $1,800 as virus fears, U.S.-China tensions rise
U.S. economy faces longer recovery from pandemic - Fed

Euro hits 4-month high vs dollar on stimulus, recovery hopes
Dollar on the defensive, particularly against other growth-leveraged currencies

Oil rises after U.S. crude stocks drop, focus on OPEC+ meeting
OPEC+ decision on production cut tapering will set the tone for the oil market


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