Risk Appetite Picked Up ahead of APD Employment Report

Financial markets recovered on bargain hunting. Wall Street gained with the DJIA and the S&P 500 indices rising +0.47% and +0.76% respectively. In the commodity sector, US crude oil prices climbed higher as risk appetite improved and the US government was reported to have authorized limited exports of crude to Europe. The front-month contract for WTI crude oil gained for the first time in 3 days, up +0.79%. The Brent crude contract was pressured for a third consecutive day, losing -0.58% yesterday.

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Risk Appetite Picked Up ahead of APD Employment Report

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