Friday Outlook: Asian shares edge higher; Bitcoin falls 4.91% – ZAWYA

Friday Outlook: Asian shares edge higher; Bitcoin falls 4.91% – ZAWYA

Spread the love

Investors remain cautious ahead of U.S. jobs data that could make or break the case for further rate hikes

Staff Writer, Reuters News

September 1, 2023


Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies

Asia stocks edge higher as China acts on housing, yuan weakness
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.15%, while Japan’s Nikkei was up 0.45%

Dollar set for weekly loss as crucial US jobs data looms
The U.S. dollar index edged 0.05% lower to 103.58

Oil set to snap two-week losing streak on tightening supplies
Major benchmarks rose slightly, with the U.S. West Texas Intermediate crude up 13 cents, or 0.2%, at $83.76 a barrel

Gold rises, set for second weekly gain as focus flips to US jobs data
Spot gold gained 0.2% to $1,942.56 per ounce

US Stocks: Wall Street ends mixed as inflation data buoys optimism
The Nasdaq gained 0.11% to 14,034.97 points

Bitcoin falls 4.91% to $25,957
Bitcoin is down 18.4% from the year’s high of $31,818 on July 13

Gain a deeper understanding of financial markets with Eikon

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.


Related News