Europe opens higher as DAX and FTSE jump on oil surge, weaker dollar and firmer gold
Executive summary: European equities opened with a broad risk-on tone, led by a sharp advance in Germany and the UK, while Brent crude, gold and the euro all moved higher. The DAX rose 2.8% and the FTSE 100 gained 2.6%, even as the wider Euro Stoxx 50 slipped modestly. The move comes against a backdrop of higher oil prices, a softer dollar and a market mood shaped by global rate and geopolitical uncertainty. [Continue Reading]
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