The Latest: European markets track Asia higher as oil jumps

57
Source:   —  April 19, 2016, at 11:32 AM

m. European stock markets are tracking their Asian counterparts higher as oil prices recouped losses they recorded in the wake of the failure of oil-rich nations to cap production.

The Latest: European markets track Asia higher as oil jumps

The Latest news on global financial markets (all times local):

9:10 a. m.

European stock markets are tracking their Asian counterparts higher as oil prices recouped losses they recorded in the wake of the failure of oil-rich nations to cap production.

Among Europe'south main indexes, Germany'south DAX was trading 1.3 % higher at 10.253 while Britain'south FTSE one hundred rose 0.8 % to 6.406.

The gains in Europe came after a powerful session in Asia. Japan'south Nikkei led the advance as it notched up a 3.seven % to near at 16.874.44.

The improving sentiment in stock markets has been helped by the rally in oil prices following an initial decline of about 7 % in the wake of Sunday'south failure by oil-producing nations to announce a production cap. A barrel of benchmark NY crude was up sixty-seven cents at $40.45.

READ ALSO
Suicide attack wounds ten exterior northwest Pakistani office

Suicide attack wounds ten exterior northwest Pakistani office

Faisal Shahzad, the city police chief, said the attacker also fired gunshots Tuesday before triggering the explosives exterior a tax income office.

55
Univ of KY alumnus, wife give $7M gift

Univ of KY alumnus, wife give $7M gift

The Univ says the gift from F. Joseph Halcomb and Joani Halcomb will set up the F. Joseph Halcomb III, M. D., Dept of Biomedical Engineering, pending approval from the Univ Senate and the board of trustees.

60
Pearl Jam Cancel Shows Over Transgender Law

Pearl Jam Cancel Shows Over Transgender Law

The rock band connect others in boycotting NC after it passed a bill they call a "despicable piece of legislation".

61
Depp&#thirty-nine;s 'Godfather' Apology Mocked By Minister

Depp&#thirty-nine;s 'Godfather' Apology Mocked By Minister

Australia's deputy PM says the Hollywood star is unlikely to choose up any awards for his stilted YouTube video.

51