Thursday Outlook: Dollar steadies; oil prices drop on weaker demand

  • Date: 22-Oct-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:GCC
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Thursday Outlook: Dollar steadies; oil prices drop on weaker demand

Thursday Outlook: Dollar steadies; oil prices drop on weaker demand Global investor sentiment low as it remains unclear whether stimulus negotiations would continue    A man stands in front of an electronic board showing Japan's Nikkei average outside a brokerage in Tokyo, Japan, October 25, 2018. Image used for illustrative purposeZawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Asian shares drop as U.S. stimulus talks drag onIn morning trade, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.63%Gold dips as dollar recovers, U.S. stimulus doubtsSpot gold fell 0.2% to $1,920.86 per ounce by 0123 GMTOil slips on weaker demand outlook after U.S. gasoline stocks buildBrent crude futures retreated 21 cents, or 0.5%, to $41.52 a barrelDollar