Asian bourses extend gains on economic recovery hope ...Qatar

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Asian and European markets extended gains yesterday following another record on Wall Street while the dollar hit a one-year high above ¥110, fuelled by growing optimism about the global economic recovery. However, investors remain torn between vaccine-fuelled optimism over the economic outlook and fears over a surge in inflation the recovery is expected to bring with it. With a number of big data announcements coming this week, analysts said traders were largely biding their time awaiting the next catalyst to drive buying, though most tip the year-long rally across equities to continue this year despite recent stutters. The major call is Friday’s US government employment report, which will

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Last updated : 30 March 2021 clock 10:01 PM

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