Monday Outlook: Shares gain as bond yields spike; oil climbs up

SourceZawya
SectorFinancial Markets
CountryGulf

Monday Outlook: Shares gain as bond yields spike; oil climbs up Gold rises as dollar eases    A worker wearing a protective mask walks as he cleans the floor past an electronic board displaying the stock market index at the Indonesia Stock Exchange (IDX), as the outbreak of the coronavirus disease (COVID-19) continues, in Jakarta, Indonesia, September 8, 2020. Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Shares make guarded gains as bond yields, resources spikeShares regain some ground, wary of higher yieldsOil gains as U.S. production slowly returns after freezeBrent crude was up 76 cents, or 1.2%, at $61.67 a barrel by 0104 GMTGold rises as dollar eases, higher yields cap gainsSpot gold rose 0.3% to $1,787.31 per ounce by 0100 GMTDollar falls as improving sentiment boosts riskier currenciesBritish pound up as exit from lockdown looms on horizon 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 of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

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