Sunday Outlook: Global equities soar to new records, bonds hit 11-month lows

      Published on Sunday, 10 January , 2021      9 Views     

  • Kuwait Business

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

Global equities soar to new records, bonds hit 11-month lows, on stimulus hopes
Oil traders continued to focus on Saudi Arabia’s pledge to deepen production cuts




Oil rises to 11-month high, logs weekly gain on Saudi output cut
Rally in global equities also feeds appetite for risk

Gold, silver slump as U.S. political risks fade, yields gain
Spot gold fell as low as $1,828.36 and was last down 3.6% at $1,843.06 per ounce

Dollar retreats from weekly high after U.S. jobs report
Additional fiscal stimulus expected



Mideast Stocks: Major markets log weekly gains; Qatar leads day’s gains
First Abu Dhabi Bank lifts Abu Dhabi index

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Category Kuwait Business | 2021/01/10 latest update at 1:00 PM
Source : Zawya | Photocredit : Google
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