Tuesday Outlook: Stocks fall from records; dollar rises again, bitcoin tumbles

SourceZawya
SectorFinancial Markets
CountryMiddle east

Tuesday Outlook: Stocks fall from records; dollar rises again, bitcoin tumbles Gold gains; oil prices sapped by rising COVID-19 cases    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.Stocks fall from records, U.S.

yields continue to climbDollar rises again, bitcoin tumbles as much as 21%Dollar buoyed by rising U.S. yields amid new stimulus prospectsThe dollar index has rebounded from a nearly three-year low reached last weekGold gains as stocks dip on Washington worries, rising virus casesGold underpriced at current levels- economistOil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems lossesU.S. crude stockpiles seen down for fifth week - Reuters poll 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 Zawya Coveragereal estateUAE property market to decline further as oversupply hits...read more...