Global stocks and bonds rally ahead of US data
Global equities and bonds advanced as markets awaited crucial U.S. data. Meanwhile, oil prices rose past $95 a barrel amid escalating geopolitical tensions in the Middle East and a recovering yen.
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Global stocks and sovereign bonds rallied during Thursday's morning trade, driven by expectations of an upcoming rate increase by the United States Federal Reserve. The move follows escalating geopolitical tensions and a broad recovery in fixed-income markets. Investor focus now turns to upcoming labor data releases to gauge the path of monetary policy.
