London — World stocks edged closer to recent record highs and Asian shares hit a record peak on Wednesday, as investors bet on a strong economic recovery in 2021, with the upbeat mood pushing the safe-haven dollar to its lowest since April 2018.

Europe’s main markets were hoping for a sixth straight session of gains as AstraZeneca and Oxford University’s coronavirus vaccine became the second to be approved by Britain, helping the FTSE 100 add as much as 0.2% early on...

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