Upbeat US job data and ECB’s inaction lifted risk appetite, sending stocks and risky commodities higher. Wall Street gained with the DJIA and the S&P 500 indices adding +1.22% and +1.24% respectively. European stocks rose with the Stoxx600 jumping +1.5%. In the commodity sector, the front-month contract for WTI crude oil initially climbed to a 5-week high of 98.83 before ending the day at 97.84, up +0.47%, while the Brent crude soared for the second consecutive day, rising +0.88% at close.
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ECB Refrained from Easing Further, Next Focus is US Payrolls
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