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ru24.net
World News in Dutch
Май
2016

Global stocks mostly higher as crude oil rises

TOKYO (AP) — Global stocks mostly rose Tuesday as a jump in oil prices, a weaker yen and optimism on Wall Street helped to offset worries over China's growth.

U.S. interest rate policy will be a key driver for markets this week.

In addition to planned remarks from several Federal Reserve officials, the Fed is scheduled to release minutes of its last meeting on Wednesday.

Later Tuesday, official figures are due for U.S. consumer price inflation, with the headline rate expected to rise to 1.1 percent in April from 0.9 percent the previous month.

A plunge in oil prices since mid-2014 had hammered energy company earnings, and a recovery is good news for investor sentiment.




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