Investor optimism reflected in the markets
European Central Bank (ECB) policymakers are next week expected to debate restarting their covered-bond purchases along with further measures to ease monetary conditions.
The boost to stock markets coincided with shaky movement on commodity markets, however, with oil initially falling by 3.4% to its lowest price level in over six weeks before recovering by 0.5%; and gold falling for a second consecutive day, to $1,535 per ounce — well down from its high of $1,877 just four weeks ago.