World stock markets extended a five-day run of fresh highs on Thursday, fueled by upbeat earnings and strong U.S. economic data that herald a solid recovery ahead, while Russian markets tumbled at the prospect of the harshest U.S. sanctions in years.
GLOBAL MARKETS-World stocks rally as Treasury yields tumble Reuters 8 hrs ago World stocks extend record run
Popular Searches Oil steadies after 5% surge, commodity currencies benefit
By Herbert Lash and Marc Jones
NEW YORK/LONDON, April 15 (Reuters) - World stocks extended a five-day run of fresh highs on Thursday, fueled by upbeat earnings and strong U.S. economic data that point to a solid recovery ahead, while Russian markets tumbled at the prospect of the harshest U.S. sanctions in years.
Major stock indexes posted records, with Europe s broad STOXX 600 setting an all-time high, as rising commodity stocks and solid results offset the region s COVID third wave and vaccination rollout worries.
World stocks rally as Treasury yields tumble metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.
OPEC Raises Global Oil Demand Forecast as Mexico’s Pemex Set for Modest Production Uptick
The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday formally raised its expectations for global oil demand in 2021, citing expectations for a recovery from the pandemic and stronger economic growth.
In its Monthly Oil Market Report (MOMR), the cartel projected demand would rise by 5.95 million b/d this year, a nearly 7% increase from 2020. The estimate is up 70,000 b/d from the group’s earlier outlook in March.
“Gasoline is projected to be the key driver for oil demand recovery beginning with the onset of the summer driving season,” OPEC said in the MOMR.
/PRNewswire/ Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE: PBR) today announced the final results and settlement of the previously announced.