Wednesday Outlook: Asian stocks slip; dollar on the defensive

Oil rises; gold steady as all eyes on Fed decision

  
A currency dealer, wearing a mask to avoid the spread of the coronavirus disease (COVID-19), works in front of electronic boards showing the exchange rate between the U.S. dollar and South Korean won, at a bank in Seoul, South Korea, September 10, 2020.

A currency dealer, wearing a mask to avoid the spread of the coronavirus disease (COVID-19), works in front of electronic boards showing the exchange rate between the U.S. dollar and South Korean won, at a bank in Seoul, South Korea, September 10, 2020.

REUTERS/Kim Hong-Ji

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

Asian shares slip, Microsoft's brisk earnings boost tech sector
Investors expect Fed to keep dovish stance

Dollar on the defensive with Fed's Powell likely to sound dovish note
Riskier currencies benefit as IMF upgrades growth forecast

Oil rises as U.S. oil stockpiles drop, new Chinese COVID-19 cases decline
Brent crude futures climbed 11 cents, or 0.2%, to $56.02 a barrel

Gold steady ahead of U.S. Fed policy decision
Spot gold was little changed at $1,849.76 per ounce by 0031 GMT


 

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