Tuesday Outlook: Asian stocks edge lower; sterling hovers near one-year high
- Date: 09-May-2023
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
Tuesday Outlook: Asian stocks edge lower; sterling hovers near one-year high
Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies
Asian stocks edge lower, dollar firm as US inflation data looms
MSCI's broadest index of Asia-Pacific shares outside Japan, though, slipped 0.3%, erasing part of Monday's 0.9% rally
Oil prices dip in cautious trade ahead of U.S. inflation data
Brent crude price was down 31 cents, or 0.4%, at $76.70
Dollar edges up, sterling hovers near one-year high
Against a basket of currencies, the U.S. dollar index rose 0.05% to 101.49
Gold firms, traders look to U.S. inflation data for Fed policy path
Spot gold rose 0.3% to $2,022.01 per ounce
Wall Street ends near flat ahead of inflation data
The Dow Jones Industrial Average fell 55.69 points, or 0.17%, to 33,618.69
Coinbase considers UAE a potential international hub
Coinbase Inc Chief Executive Brian Armstrong said
Gain a deeper understanding of financial markets with Eikon
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