malaymail.com 04 May, 2021 03:45 am

Global stocks gain as investors eye economic recovery, gold shines

Global stocks gain as investors eye economic recovery, gold shines
NEW YORK, May 4 — Gold prices rose and a gauge of global equity markets closed not far from a record high yesterday as investors bet corporate results and US data will underscore the strength of the economy’s rebound from pandemic-induced shutdowns. The dollar eased against a basket of...

The dollar eased against a basket of currencies as the yield on Treasury bonds retreated on data showing US manufacturing activity grew at a slower pace in April.Euro zone government bond yields reversed earlier gains to track US Treasuries lower on the US manufacturing activity.Brent crude futures settled up 80 cents at US$67.US gold futures settled 1.

NEW YORK, May 4 — Gold prices rose and a gauge of global equity markets closed not far from a record high yesterday as investors bet corporate results and US data will underscore the strength of the economy’s rebound from pandemic-induced shutdowns.Cryptocurrency ether scaled a new record high of US$3,342.

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