Wednesday Outlook: Asian stocks edge higher; dollar on defensive

Oil slips on concerns; gold inches lower

  
A currency dealer, wearing a mask to avoid the spread of the coronavirus disease (COVID-19), works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) at a bank in Seoul, South Korea, September 10, 2020.

A currency dealer, wearing a mask to avoid the spread of the coronavirus disease (COVID-19), works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) at a bank in Seoul, South Korea, September 10, 2020.

REUTERS/Kim Hong-Ji

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

Asian stocks edge higher, Aussie in demand on recovery signs
Equities enjoy gains due to economic optimism

Dollar on defensive as risk sentiment recovers amid retreat in U.S. yields; Aussie gains
The lower U.S. yields also sapped some of the dollar's allure among fellow low-yielding currencies

Oil slips on concerns that OPEC+ may be set to pump up supply
U.S. West Texas Intermediate (WTI) crude futures fell 18 cents

Gold inches lower as firm U.S. Treasury yields weighSpot
gold eased 0.2% at $1,734.16 per ounce by 0052 GMT


 

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