Tuesday Outlook: Asia stocks tick up from one-year low; bitcoin back over $50,000

Oil extends gains on easing Omicron fears; gold flat

  
Men wearing face masks are seen inside the Shanghai Stock Exchange building, as the country is hit by a novel coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020.Image used for illustrative purpose

Men wearing face masks are seen inside the Shanghai Stock Exchange building, as the country is hit by a novel coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020.Image used for illustrative purpose

REUTERS/Aly Song

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

Asia stocks tick up from one-year low, China gains on RRR cut
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.6%

Bitcoin back over $50,000, as market calms after weekend turmoil
The world's largest cryptocurrency was last around $50,800, having closed a choppy day on Monday 2.2% higher

Oil extends gains on easing Omicron fears, Iran delay
Global oil CEOs stress need for fossil fuels

Safe haven currencies pressured by hopes Omicron is mild
Riskier currencies have found buyers

Gold flat on firmer dollar, U.S. bond yields
Spot gold was little changed at $1,778.79 per ounce


 

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