Wednesday Outlook: Asian stocks dented; oil prices bolstered

Gold recovers; dollar buoyed

  
A 3d printed oil pump jack is seen in front of displayed stock graph and "Oil Stocks" words in this illustration picture, April 14, 2020.

A 3d printed oil pump jack is seen in front of displayed stock graph and "Oil Stocks" words in this illustration picture, April 14, 2020.

REUTERS/Dado Ruvic/Illustration

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

Asian stocks fall on U.S. stimulus uncertainty
Value-oriented shares bought back globally

Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks
West Texas Intermediate oil was up 9 cents, or 0.2%, at $41.70 a barrel

Gold recovers as U.S. stimulus concerns dent risk sentiment
Spot gold was up 0.5% at $1,920.04 per ounce by 0045 GMT

Dollar buoyed by jump in U.S. bond yields
Dollar/yen jumps after U.S. 10y yield rises 7bps


Gain a deeper understanding of financial markets through Thomson Reuters Eikon

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020

More From Equities