Monday Outlook: Asian stocks rise on vaccine relief; dollar dips

Monday Outlook: Asian stocks rise on vaccine relief; dollar dips

Monday Outlook: Asian stocks rise on vaccine relief; dollar dips Gold inches up; oil prices extend gains    Image used for illustrative purposes. A Thai investor sits in front of an electronic board displaying live market data at a stock broker's office in central Bangkok, Thailand, August 24, 2015. Asian stocks slumped to 3-year lows on Monday as a slide in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown churned through markets.Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Asian shares rise as investors count on vaccine reliefAustralia eases lockdowns, U.S. vaccines in sightDollar pinned near major support as vaccine progress weighsAgainst a basket of currencies, the dollar was a shade softer at 92.374Gold inches up as dollar dips, Mnuchin rekindles stimulus hopesSpot gold rose 0.1% to $1,872.96 per ounce by 0059 GMTOil prices extend gains on COVID vaccine hopesMarket eyes OPEC+ meeting at month-end Gain a deeper understanding of financial markets with 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