Tuesday Outlook: Shares jump, dollar slips; gold climbs, oil gains – ZAWYA

Tuesday Outlook: Shares jump, dollar slips; gold climbs, oil gains – ZAWYA

Asia shares jump but pandemic hangs heavy over outlook Confidence tempered by fears of global recession. Dollar slips as Chinese trade data lifts mood Aussie, kiwi ahead after China data beats expectations. Gold climbs to over 7-year high on coronavirus-led economic worries Asian stocks were set for a modest bounce on Tuesday as U.S. stock futures edged higher. Oil gains as U.S. shale production set to fall sharply Oil prices are still down by over 50% so far this year.