The NIKKEI was up 1.3%, the scici gained 1.8%, European share was up from 0.2% to 0.6%, and Stakes & Sp futures tacked in 0.2% Firmer oil of $ 53.89) from a surprise daw in US crude inventory according to the apii API last night and GraSaudis’s plans to cut production by 500k bpd contributed to the gains in stocks.
The NIKKEI was up 1.3%, the SCI gained 1.8%, European shares were up from 0.2% to 0.6%, and S&P futures tacked on 0.2%. Firmer oil (WTI from $53.32 - $53.89) from a surprise draw in US crude inventories reported by the API last night along with the Saudi’s plans to cut production by 500k bpd contributed to the gains in stocks.