Thursday Outlook: Asian shares jump as Fed chair eases concerns; oil prices rise
A TV reporter stands in front of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020.
REUTERS/Kim Kyung-HoonZawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.
Asian shares jump after Powell nixes rate hike fears
MSCI's ex-Japan Asia-Pacific shares index rose 1.0%
Dollar hits fresh three-year lows against commodity-linked currencies
The dollar index against a basket of six major currencies was at 90.058, down 0.07% on the day
Oil rises after data shows slump in U.S. output amid Texas freeze
Brent crude futures rose $1.67, or 2.6%, to settle at $67.04 a barrel
Gold eases as firmer U.S. Treasury yields weigh
Spot gold fell 0.3% to $1,798.71 per ounce
Gain a deeper understanding of financial markets with Eikon.
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021More From Equities
