Monday Outlook: Asian Stocks Mixed, Dollar on the Back Foot

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

Japan shares hit three-decade highs, other Asia stocks mixed
Nikkei flat, S&P futures fraction lower

Mideast Stocks: Most Gulf markets gain on rising oil prices
A softer tone to U.S. economic data last week has fuelled rate-cuts bets, pushing Treasury yields down and lifting equity markets

Dollar on the back foot as focus turns to Fed easing
The dollar index, which measures the greenback against a basket of six currencies, rose 0.04% to 103.95

Oil extends gains as OPEC+ to mull deeper cuts
Brent crude futures climbed 11 cents, or 0.1%, to $80.72 a barrel

Gold subdued as US yields firm, dovish Fed hopes lend support
Spot gold was down 0.2% at $1,975.80 per ounce

Soybeans drop to two-week low on improved Brazilian weather outlook
Corn slid 0.3% to $4.65-1/2 a bushel and wheat gave up 0.4% to $5.73-3/4 a bushel

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