By Swati Pandey SYDNEY (Reuters) – Asian stocks rose on Wednesday as hopes of effective coronavirus vaccines and the growing prospect of more U.S. fiscal stimulus cheered investors ahead of the Christmas holiday season. MSCI’s broadest index of Asia Pacific shares outside of Japan added 0.6% after two straight days of losses. The index, hovering…
Category Archives: Commodities
By Sonali Paul and Florence Tan MELBOURNE/SINGAPORE (Reuters) -Oil prices rose on Thursday, buoyed by a COVID-19 vaccine rollout in Britain and the imminent approval of a vaccine in the United States that could spur a rebound in fuel demand, despite a large build in U.S. crude stocks last week. U.S. West Texas Intermediate (WTI) crude futures…
By Pete Schroeder (Reuters) – Asian markets were set to rise Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus. Australian S&P/ASX 200 futures were up 0.57% in early trading, while Japan’s Nikkei 225 were down 0.02%. Hong Kong’s Hang Seng index futures were up 0.42%. On Wall Street, stocks notched new record…