Monday Outlook: Stocks take a breather after stellar month; oil slips

Dollar and gold out of favour, investors embrace risk

  
Traders wearing masks work, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020.

Traders wearing masks work, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020.

REUTERS/Brendan McDermid

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

Shares take a breather after stellar month, China data upbeat
China official PMI rises to 52.1, tops forecasts

Oil prices slip in cautious trading ahead of OPEC+ meeting
OPEC+ yet to reach consensus on oil policy for 2021 - sources

Gold falls, set for worst month in 4 years on vaccine hopes
Spot gold fell 0.3% to $1,782.72 per ounce by 0049 GMT

Dollar plumbs two-year low as Fed comes in to focus
Aussie and euro mark three-month peaks vs greenback


 

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