Asian equities poised to seesaw as U.S. economic news pushes indexes lower

By Katanga Johnson WASHINGTON (Reuters) – Asian markets will likely open mixed on Thursday after global equities dipped and U.S. investors considered which stock market sectors would most benefit from strengthening growth. Concerns about extended economic lockdowns in Europe and potential U.S. tax hikes also weighed on investor sentiment. “Rising interest rates, uncertainty of tax […]

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Asian markets poised for choppy day after Wall Street’s fall

By Jessica DiNapoli NEW YORK (Reuters) – Asian stock markets faced a choppy session on Tuesday after Wall Street dipped as investors took profits at the end of a record-breaking month while still remaining upbeat about the prospect of a COVID-19 vaccine fuelling gains into next year. “U.S. markets were a little bit lower, that’s […]

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Dollar poised for weekly losses on improving risk sentiment

© Reuters. By Eimi Yamamitsu TOKYO (Reuters) – The dollar held steady in thin trade on Friday but was on track for weekly losses against a basket of major currencies as it remained under pressure on improving risk appetite. U.S. markets were closed for the Thanksgiving holiday on Thursday. “Today will be another quiet day, […]

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UK poised to become the first western country to approve a Covid-19 vaccine

So report the Financial Times, saying the drug regulator in the country is set to grant approval within days. (FT may be gated.)   Deliveries of the vaccine developed by BioNTech and Pfizer would begin within hours of the authorisation first injections could take place from December 7. UK has ordered 40m doses of the two-shot product, […]

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Gold Up, Poised for $1,900, on US Election Jitters, New Stimulus Hope

© Reuters. By Barani Krishnan Investing.com – Gold prices rose Friday, appearing poised to return to the key $ 1,900 level, as the safe haven crowd leveraged on uncertainty over next week’s U.S. election and that the winner will attempt to undertake a new major Covid-19 stimulus for the economy. New York-traded settled at $ […]

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Asia stocks poised to rise as upbeat earnings trump jobs gloom

By David Henry NEW YORK (Reuters) – Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst U.S. unemployment rate in more than 70 years. Stock futures were up ahead of the Asia market open while Thursday trading […]

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Asian shares poised to climb after Wall Street rallies

© Reuters. Passersby wearing protective face masks are reflected on a screen displaying stock prices outside a brokerage in Tokyo By Chris Prentice (Reuters) – Asian markets looked poised on Tuesday to attempt another day of gains after stocks rallied on signs of a slowdown in coronavirus-related deaths, as oil prices resumed their decline on […]

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