Tuesday Outlook: Oil edges upwards; gold prices rise

Tuesday Outlook: Oil edges upwards; gold prices rise

Tuesday Outlook: Oil edges upwards; gold prices rise Optimism grows that US government stimulus will buoy global economic growth    Aview of oil and gas refinery. Image used for illustrative purpose.Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.  Gold gains as dollar eases off four-week highSpot gold rose 0.2% to $1,840.81 per ounceAsia shares look to China for recovery lead, earnings in focusMSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.2%, to be a whisker from record highsDollar hovers near one-month high as Biden's FX policy takes shapeThe dollar index was 0.1% lower at 90.690 in early Asian tradingBrent crude edges up as optimism over economy trumps demand concernsU.S. West Texas Intermediate crude was at $52.25 a barrel, down 11 cents, or 0.2% 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 estateDubai's residential sales market not bottoming out yet: JLLmorning briefingTuesday Outlook: Oil edges