Asian stocks under pressure, dollar in demand amid resurgent virus fears

📆 10/16/2020 3:23 AM
📰 ChannelNewsAsia

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 66%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

REUTERS: Asian stocks came under pressure on Friday as investors sought safe havens, such as the U.S. dollar, fearing that a resurgence in ...

REUTERS: Asian stocks came under pressure on Friday as investors sought safe havens, such as the U.S. dollar, fearing that a resurgence in coronavirus cases and a lack of additional U.S. fiscal stimulus would hobble the world economy.

Australia and New Zealand investors were likely to"take a breather" on Friday, especially after New Zealand equities climbed 6per cent during October, Williamson said. In Europe, London will enter a tighter COVID-19 lockdown from midnight on Friday as Prime Minister Boris Johnson seeks to tackle a swiftly accelerating second coronavirus wave.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks mixed on fading US stimulus hopes, virus concernsAsian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »