Thursday Outlook: Asia stocks fall; big UK inflation drop hits pound
- Date: 25-Dec-2023
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
Thursday Outlook: Asia stocks fall; big UK inflation drop hits pound
Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies
Asia stocks fall as Wall Street rally stalls
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6%
Oil set to end winning streak over US stock build
Brent crude futures fell 22 cents, or 0.3%, to $79.48 a barrel
Dollar steadies as stocks slip
Sterling suffered its sharpest drop in two months
Mideast Stocks: Major Gulf bourses end mixed on rate cut hopes, Red Sea tensions
Dubai's main share index added 0.4%
Gold prices rebound as weaker US yields, dollar lift demand
Spot gold was up 0.4% at $2,033.92 per ounce
US Stocks: Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
All three major U.S. stock indexes veered lower late in the session to end 1.3% to 1.5% below Tuesday's close
Gain a deeper understanding of financial markets with Eikon
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