Gulf Today Report
European stocks advanced on Tuesday following the sealing of Brexit trade deal and hope for more US stimulus package heightens.
The pan-European STOXX 600 was up 0.8% by 08:28 GMT, rising for a fifth straight session and scaling a new 10-month high.
UK stocks gained following a long weekend, the blue-chip FTSE 100 advanced by 1.6%. The German DAX rose 0.6% and extended a record run.
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Gold prices advance on hope for US stimulus aid
Oil increases on predictions of US stimulus leading to demand
European, Asian stock remain firm on US stimulus cheer
Asian stock
Asian stocks gain on Tuesday following President Trump’s signing of the economic stimulus package.
In Tokyo, the Nikkei 225 jumped 1.6% to 27,292.37, the first time it has traded above 27,000 since April 1991. The market hit its all-time peak close of 38,915.87 on Dec. 29, 1989.
Hong Kong's Hang Seng index rose 1% to 26,586.76 and in South Korea, the Kospi was little changed at 2,811.20. Australia's S&P/ASX 200 climbed 0.5% to 6,696.30 and the Shanghai Composite index was flat, at 3,395.89.
Investors are hopeful following the rollouts of coronavirus vaccinations.