World shares at all-time highs on vaccine rollout optimism
Anticipation of the US Covid-19 relief package being effected, and a US Fed speech later in the day, also buoyed market sentiment
10 February 2021 - 12:12
London — World shares rose to new all-time highs overnight and European indices strengthened, with market sentiment generally upbeat on the prospect of fiscal stimulus and vaccine rollouts and ahead of a speech by US Federal Reserve chair Jerome Powell.
The MSCI world equity index, which tracks shares in 49 countries, was up 0.2% at 8.33am GMT, having touched new peaks shortly before. Overnight, MSCI’s Asian shares index, which excludes Japan, also broke above its previous high hit in January...
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