|19 January, 2020

Sunday Outlook: Oil steadies on trade optimism, dollar stands tall 

Financials lift most of Gulf, blue-chips boost Egypt

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020.

REUTERS/Brendan McDermid

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

Shares set fresh records, lifted by U.S. housing data
Optimism over corporate earnings and indications of resilience in China’s economy also lifted equities and pushed government debt yields higher

Oil steadies as Chinese economy offsets trade optimism
Brent crude futures rose 23 cents to settle at $64.85 a barrel

Dollar stands tall on stronger U.S. data, hits fresh 8-month high vs yen
The dollar rose to as high as 110.24 yen versus the Japanese currency, its highest level since late May in 2019

Mideast Stocks: Financials lift most of Gulf, blue-chips boost Egypt
Middle Eastern fund managers plan to increase investments in Saudi Arabia


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