* MSCI World index down 0.3%, follows Asia dip overnight. * Dollar steady, euro near recent lows as more stimulus eyed. * COVID-19, U.S. election prompt pre-weekend caution. By Simon Jessop and Swati Pandey. World stocks slipped further on Friday and save havens got a fillip as jitters over a rising global COVID-19 infection rate and next week's U.S. presidential election weighed on sentiment.
U.S. stock futures fell alongside international shares, suggesting American markets could come under fresh pressure when they open later Friday. Markets have grown more volatile in recent sessions, ahead of next week's American presidential election and as investor concerns have built that increases in Covid-19 cases in Europe and the U.S. will prompt restrictions that could curb economic growth. On Thursday, major U.S. indexes advanced, with the Dow Jones Industrial Average...
Japanese shares fell on Friday and posted their biggest weekly loss in three months as mixed earnings, rising coronavirus cases and uncertainty over the U.S. presidential election hurt sentiment. The Nikkei 225 Index ended down 1.52% at 22,977.13. The index declined 2.3% this week, its biggest weekly loss since July 31.
* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E. The dollar paused its climb on Friday, while the euro wallowed near its four-week low against the greenback after the European Central Bank signalled further monetary easing by the end of the year. Overnight, the euro's decline in addition to U.S. data helped lift the greenback to a near four-week high against a basket of currencies.
* MSCI ex-Japan down for third day in a row. * MSCI ex-Japan set for 1st weekly loss since late-Sept. * Eyes on U.S. presidential election, rising COVID cases. By Swati Pandey. A gauge of Asian shares fell for a third straight session on Friday as jitters over next week's U.S. presidential election and a shaky global economic outlook enveloped markets.
Japanese shares fell on Friday and were set for their biggest weekly loss in more than two months as mixed earnings, rising coronavirus cases and uncertainty over the U.S. presidential election hurt sentiment. The Nikkei 225 Index was down 0.72% at 23,164.68 by 0202 GMT. The broader Topix was down 1.25% at 1,590.92 on Friday.
* MSCI ex-Japan down for third day in a row. * MSCI ex-Japan set for 1st weekly loss since late-Sept. * Eyes on U.S. presidential election, rising COVID cases. By Swati Pandey.
* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E. The dollar firmed on Friday and the euro wallowed near a four-week low against the greenback after the European Central Bank signalled further monetary easing by the end of the year. The euro's overnight decline helped lift the U.S. dollar near four-week high against a basket of currencies.
U.S. stocks rose Thursday, rebounding after fresh data showed jobless claims dropped and the economy expanded sharply in the third quarter. The Dow Jones Industrial Average gained 139.16 points, or 0.5%, to 26659.11, snapping a four-session losing streak. The S&P 500 added 39.08 points, or 1.2%, to 3310.11.
* Euro falls as ECB flags easing in December. * Oil falls again, dollar grinds higher. * Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgn. By Rodrigo Campos. Crude oil fell again on Thursday as lockdowns in Europe and rising cases elsewhere clouded the energy demand outlook, while stocks rose as Wall Street rallied.
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