|26 January, 2020

Sunday Outlook: U.S. shares, oil prices slump as China virus fears spread

Oil drops more than 2%, dollar dips vs yen

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 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.

U.S. shares, oil prices slump as China virus fears spread
Oil drops more than 2%, heads for weekly loss

Dollar dips vs yen as investors reach for safe havens on virus scare
Pound drops as rate cut remains possible despite better data

Gold scales two-week peak as virus fears fuel safe-haven bids
Silver gained 1.8% to $18.11 per ounce

Mideast Stocks: Major Gulf markets fall, following global shares lower
Saudi Arabia's benchmark index dropped 0.7%, led by a 3.2% slide in Saudi Telecom


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