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

Tech leads tentative rally as Powell soothes markets
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4%. Japan's Nikkei rose 0.3%

Oil resumes climb on large U.S. oil stocks drawdown
Brent crude futures jumped 42 cents, or 0.6%, to $75.23 a barrel, after giving up 9 cents on Tuesday

Gold ticks up after Powell pledges not to raise rates quickly
Spot gold was up 0.1% at $1,780.06 per ounce

Dollar in retreat as Powell says Fed won't raise rates on 'fear' of inflation
The dollar index, which measures the greenback versus six rivals, was at 91.775 in early Asian trading


 

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