Wednesday Outlook: Stocks edge ahead; dollar hurt by increased risk appetite

Wednesday Outlook: Stocks edge ahead; dollar hurt by increased risk appetite

Wednesday Outlook: Stocks edge ahead; dollar hurt by increased risk appetite Oil slips; gold gains    Image used illustrator purpose. A money changer counts U.S. dollar banknotes at a currency exchange office in Diyarbakir, Turkey May 23, 2018. Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies. Promise of cheap money keeps stocks buoyantPowell and RBNZ vow to keep monetary policy easyGold gains as Fed Chair Powell defends loose monetary policySpot gold rose 0.2% to $1,809.17 per ounce by 0111 GMTDollar falls as risk appetite increases, kiwi ruffled by RBNZPowell emphasises low rates here to stayOil slips after U.S. crude stocks rise amid deep freeze hit to refinersCrude stockpiles rose by 1 million barrels in the week to Feb. 19Gain 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.© ZAWYA 2021Zawya Coveragemorning briefingWednesday Outlook: Stocks edge ahead; dollar hurt by increased risk appetiteeconomySaudi real GDP to return to pre-COVID-19 levels in 2022,