Tuesday Outlook: Asian shares slip as Delta virus spreads; dollar on back foot

Rising concerns about the Delta variant prompt traders to wind back bets on strong economic recovery

  
A man wearing a protective face mask is reflected on a stock quotation board at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020.

A man wearing a protective face mask is reflected on a stock quotation board at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020.

REUTERS/Issei Kato

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

Asian stocks slip as Delta spread spooks investors
China's blue chip index shed 0.80% while Hong Kong's Hang Seng Index fell 0.83%

Gold falls as investors await U.S. jobs data
U.S. gold futures fell 0.5% to $1,813.80

Oil prices rebound, but fuel demand concerns cap gains
U.S. West Texas Intermediate crude added 26 cents, or 0.4%, to $71.52 a barrel

Dollar on back foot vs safe-haven peers as Delta virus spreads
The dollar traded at 109.34 yen, near its July 19 low of 109.07, which was its lowest level since late May


 

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