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Fiercely burning or slowly simmering? US and Europe’s contrasting economic recoveries US economy is recovering rapidly while Europe is taking longer, but what does that mean for investors? In the depths of the pandemic disruption, there was plenty of discussion about the shape of the recovery: U? V? W? K? Today, it is possible to put some tangible data around that recovery as the vaccine rolls out and economies unlock. What can be said about the type of recovery that has materialised? In the US, certainly, the recovery appears materially stronger than anyone initially anticipated. Retail s...

World stocks at record high, oil up on strong China, U.S. data By Simon Jessop Reuters LONDON (Reuters) -Global stocks hit a record high on Friday and oil climbed after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus-induced slump. Government stimulus, a string of strong corporate earnings releases and the signs of economic recovery in countries ahead in the COVID-19 vaccination race have all helped push stock markets onto new heights in recent days. "As the economic re-opening accelerates in the coming months, we believe the bull ...

The Globe and Mail Published April 16, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Global stocks hit a record high on Friday and oil climbed after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus-induced slump. Government stimulus, a string of strong corporate earnings releases and the signs of economic recovery in countries...

Global shares were flat on Friday but within sight of a record high, while oil edged lower as benchmark debt yields climbed, helping to curb the latest stimulus-driven rally. Gains in Asian stock markets proved tough to match for most European peers, after they hit a one-year high the day before. U.S. stock futures also ...

* MSCI World down 0.1%, pressured by bond yields * Oil, gold also lower; dollar gains * Biden signs $1.9 trillion stimulus into law LONDON, March 12 (Reuters) - Global shares were flat on Friday but within sight of a record high, while oil edged lower as benchmark debt yields climbed, helping to curb the latest stimulus-driven rally. Gains in Asian stock markets proved tough to match for most European peers, after they hit a one-year high the day before. U.S. stock futures also suggested a lower start for Wall Street later in the day. The note of caution followed the signing of a $1.9 trillio...