Thursday Outlook: Asian shares tread water; dollar rally sputters

Oil climbs; gold on back foot

  
A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. Image used for illustrative purpose

A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. Image used for illustrative purpose

REUTERS/Aly Song

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

Asian shares tread water, markets eye U.S. inflation signals
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1% to 695.2 points

Oil climbs as draw in U.S. crude stocks boosts optimism about demand
OPEC+ meeting on July 1 set to discuss further easing of curbs

Dollar rally sputters as Fed sends mixed signals on inflation
Dollar index wavers below 11-week high amid deluge of Fed speak

Gold on back foot as dollar firms; traders await U.S. data
Spot gold was down 0.2% at $1,774.96 per ounce


 

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