Market sentiment rebounded after ECB signaled to add more easing measures in March. European equities soared with the Stoxx 600 index gaining +1.93% at close. Wall Street climbed higher with DJIA and S&P 500 indices adding 0.74% and +0.52$ respectively. Crude oil prices also rebounded strongly. The front-month WTI contract jumped to as high as 30.25 before settling at 29.53, up +11.22% while the Brent contract gained +4.91% for the day.
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Dovish ECB Lifted Risky Assets. WTI Crude Rebounded Sharply on Distillate Stockpile
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