Monday Outlook: Oil prices rise; equity markets edge upwards

  • Date: 14-Dec-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Monday Outlook: Oil prices rise; equity markets edge upwards

Monday Outlook: Oil prices rise; equity markets edge upwards Progress on coronavirus vaccines cheer investor sentiments    A passerby wearing a protective mask is silhouetted in front of a screen of blank prices on a stock quotation board after Tokyo Stock Exchange temporarily suspended all trading due to system problems, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan October 1, 2020. Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Oil prices edge up on hope vaccines will improve fuel demandOil prices have rallied for six consecutive weeks, their longest stretch of gains since JuneStocks look for vaccine-led recovery, U.S. stimulusMSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1%Gold inches down as vaccine rollout counters U.S. stimulus hopesSpot gold fell 0.2% to $1,836.08 per ounceSterling gains on Brexit deal optimism; dollar dithers before FedAgainst the euro, sterling rose by 0.5% to 91.07 pence, the largest daily gain since December 9 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