Thursday Outlook: Dollar rallies as sudden sell-off on Wall Street; Asian shares slide

Concern about equity short-squeeze unsettles traders

  
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.

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-Hoon

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

Asia shares unsettled by Wall Street swoon, short seller squeeze
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2%

Oil slips on tightening COVID-19 curbs, especially in China
Brent crude futures fell 16 cents, or 0.3%, to $55.65 a barrel

Dollar rises as stock slump rattles investor confidence
Against the euro, the dollar stood at $1.2102, close to a one-week high

Gold slips as investors prefer safety of dollar
Spot gold eased 0.3% to $1,839.21 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 2021

More From Equities