Tuesday Outlook: Stocks bounce from 4-week lows; dollar catches breath

Oil falls but sentiment strong; gold ticks up

  
The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020.

The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 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.

Stocks bounce from 4-week lows, dollar pulls back
Equities buoyed by rally on Wall Street, Tokyo leads gainers

Dollar catches breath as traders await Powell testimony
The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes

Gold ticks up on subdued dollar ahead of Fed chief's testimony
Gold rose more than 1% on Monday

Oil falls but sentiment stays strong on demand recovery hopes
Brent gained 1.9% and WTI jumped 2.8% on Monday


 

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