Wednesday Outlook: Asian stocks slip; dollar on the defensive

Wednesday Outlook: Asian stocks slip; dollar on the defensive

Wednesday Outlook: Asian stocks slip; dollar on the defensive Oil rises; gold steady as all eyes on Fed decision    A currency dealer, wearing a mask to avoid the spread of the coronavirus disease (COVID-19), works in front of electronic boards showing the exchange rate between the U.S. dollar and South Korean won, at a bank in Seoul, South Korea, September 10, 2020. Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Asian shares slip, Microsoft's brisk earnings boost tech sectorInvestors expect Fed to keep dovish stanceDollar on the defensive with Fed's Powell likely to sound dovish noteRiskier currencies benefit as IMF upgrades growth forecastZawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Dollar on the defensive with Fed's Powell likely to sound dovish noteRiskier currencies benefit as IMF upgrades growth forecastOil rises as U.S. oil stockpiles drop, new Chinese COVID-19 cases declineBrent crude futures climbed 11 cents, or 0.2%, to $56.02 a barrelGold steady ahead of U.S. Fed policy decisionSpot gold was little changed at $1,849.76 per ounce by 0031 GMTDisclaimer: This article is provided for informational