Sunday Outlook: Shares rise as cyclical stocks provide support; yields climb

SourceZawya
SectorFinancial Markets
CountryMiddle east

Sunday Outlook: Shares rise as cyclical stocks provide support; yields climb Gold hits a seven-month low, oil prices slip    A man wearing a facial mask, following the coronavirus disease (COVID-19) outbreak, stands in front of an electric board showing Nikkei (top in C) and other countries stock index outside a brokerage at a business district in Tokyo, Japan, January 4, 2021. REUTERSZawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Shares rise as cyclical stocks provide support; yields climbGold hits a seven-month low, oil prices slipOil extends losses as Texas prepares to ramp up output after freezeBrent crude futures ended the session down $1.02, or 1.6%, at $62.91 a barrelGold recovers from 7-month low on weaker dollarSilver on track to register second weekly gainDollar buoyed by strong U.S. data, Bitcoin near record $52,640Euro consolidates above $1.20Mideast Stocks: Most Gulf markets fall; Abu Dhabi gainsAbu Dhabi logs first weekly loss of the year 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 ...read more...