Global stocks gain as dollar weakens; European bonds rise
18:53, 6 October 2014
NEW YORK. KAZINFORM Shares rose around the world for a second day after their worst week since August. European government bonds climbed and the dollar weakened from a four-year high.
The MSCI All-Country World Index advanced 0.4 percent at 7 a.m. in New York after falling 2 percent last week. The Stoxx Europe 600 Index rose 0.3 percent, and Standard & Poor's 500 Index futures (SPX) gained 0.3 percent. The Hang Seng Index added 1.1 percent as protesters began talks with the government and Russia's Micex climbed 1.8 percent. Germany's 10-year yield fell two basis points to 0.91 percent, the Bloomberg Dollar Spot Index dropped 0.4 percent. The Bloomberg Commodity Index climbed 0.8 percent, led by a 6.6 percent rally in Arabica coffee, Bloomberg reports.