Wednesday Outlook: Asian shares on a high; oil rises on stimulus hopes

Dollar slips; gold gains

  
People are reflected in an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo, Japan January 14, 2016. Asian shares skidded on Thursday in the wake of steep losses on Wall Street, while a rout in oil and commodities prices, with crude plumbing 12-year lows, heightened fears about the global economy. Japan's Nikkei cratered 3.9 percent, as downbeat domestic data added to the gloom.

People are reflected in an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo, Japan January 14, 2016. Asian shares skidded on Thursday in the wake of steep losses on Wall Street, while a rout in oil and commodities prices, with crude plumbing 12-year lows, heightened fears about the global economy. Japan's Nikkei cratered 3.9 percent, as downbeat domestic data added to the gloom.

Reuters/Toru Hanai

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

Asian shares hit a record high after Yellen calls for big spending
White House power transition seen smooth, underpinning mood

Dollar slips as U.S. stimulus hopes lift mood
Euro gains on bright German investor sentiment, Italian politics

Oil extends gains on hopes of U.S. stimulus and crude stocks drawdown
U.S. West Texas Intermediate (WTI) crude futures climbed 23 cents, or 0.4%, to $53.21 a barrel

Gold gains as U.S. stimulus prospects weigh on dollar
Gold at $2,000/oz is still achievable - economist


 

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