Wednesday Outlook: Asian stocks rise on rebound hopes

Dollar holds; oil rises; gold firms near 8-year peak

  
Image used for illustrative purposes. A Thai investor sits in front of an electronic board displaying live market data at a stock broker's office in central Bangkok, Thailand, August 24, 2015. Asian stocks slumped to 3-year lows on Monday as a slide in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown churned through markets.

Image used for illustrative purposes. A Thai investor sits in front of an electronic board displaying live market data at a stock broker's office in central Bangkok, Thailand, August 24, 2015. Asian stocks slumped to 3-year lows on Monday as a slide in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown churned through markets.

REUTERS/Athit Perawongmetha

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Asian shares inch higher as data drives rebound hopes
Chinese PMI data helps stocks edge higher

Dollar in holding pattern before U.S. manufacturing, jobs data
U.S. economy is improving but coronavirus remains a risk

Gold firms near 8-year peak as virus fears prompt safe-haven demand
Spot gold edged up 0.1% at $1,782.21 per ounce by 0115 GMT

Oil rises after sharp drop in U.S. crude inventories
Crude inventories dropped by 8.2 million barrels to 537 million barrels


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