Market sentiment markedly improved yesterday as driven by encouraging German IFO data and the US initial jobless claims. Wall Street soared with the DJIA attempted to breach 13000 again. The bourse ended the day +0.36% higher. The S&P index also rose +0.43%. WTI crude oil prices jumped to 108.74, the highest level since May last year, before settling at 107.83, up +1.46%, while the equivalent Brent crude contract jumped to as high as 124.5 before settling at 123.62, up +0.58%, Gold rose to as 3-month high of 1789.5 before ending the day at 1786.3.
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Sentiment Boosted by Economic Data, G-20 Summit the Focus
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