Tuesday Outlook: Asian stocks down; dollar stands tall on Powell’s reappointment

Tuesday Outlook: Asian stocks down; dollar stands tall on Powell’s reappointment

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies. Asia stocks down, dollar holds firm after Powell's renomination MSCI's gauge of Asia Pacific stocks outside Japan fell 0.49% Dollar stands tall as Powell reappointment firms hawkish Fed bets At 114.8 yen the greenback is near last week's peak of 114.97, its highest since March 2017 Oil falls on expected deal to tap emergency crude reserves Brent crude futures fell 30 cents, or 0.4%, to $79.40 a barrel Mideast Stocks: Saudi bourse on course to extend losses after drone attacks Saudi Arabia's benchmark index dropped 1.3% 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. © ZAWYA 2021