Wednesday Outlook: Asian shares rise, but mood remains cautious; oil prices fall

Traders await U.S. jobs data for a guide to the rates outlook

  
A photographer takes photo of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. Image used for illustrative purpose

A photographer takes photo of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. Image used for illustrative purpose

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.

Dollar pressured ahead of jobs data; kiwi leaps as rate hikes loom
The dollar index has now slipped more than 1% from a 15-week peak it struck a fortnight ago

Asian shares near 1-week highs but Delta woes mount
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.1% to the highest since July 26

Oil drops for third day on concerns COVID-19 variant spread to cut demand
Brent crude oil futures slid 22 cents, or 0.3%, to $72.19 a barrel

Gold inches higher on lacklustre dollar ahead of U.S. jobs data
Spot gold rose 0.2% to $1,814.27 per ounce


 

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