Asia Stocks Point to Cautious Start; Dollar Up: Markets Wrap

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Stocks, Futures Push Higher After Two-Week Slide: Markets WrapMore(Bloomberg) — Asian stocks started the week with gains and U.S. futures pointed higher as investors looked ahead to a Federal Reserve meeting that could provide clues on the policy outlook. The dollar and Treasuries were little changed.Shares saw modest gains in Japan, Australia and South Korea. S&P 500 futures climbed about 0.8%. Helping to buoy sentiment were comments from the Pfizer Inc. CEO about the likely deployment of a vaccine to Americans by year-end and reports that the sale of TikTok in the U.S. was nearing a conclusion. Gold was steady and crude oil ticked higher.Global stocks are coming off the back of the first consecutive weeks of declines since March and traders remain on edge given the recent reassessment of valuations and volatility in options markets. With the Fed expected this week to maintain its dovish stance on policy, investors will continue to look out for signs the global economy is recovering from the pandemic.“With no clear assured path to economic recovery and release from the grips of coronavirus and with the added geopolitical risks of the fast-approaching U.S. presidential election and then the …

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