Global stocks, euro rise as Deutsche Bank shares rebound

Global stocks, euro rise as Deutsche Bank shares rebound
 

Stock prices across major markets stabilized on Friday, while the euro recovered as Deutsche Bank's shares clawed up from record lows on a report it is close to a deal to reduce a massive U.S. settlement over misselling mortgage bonds.
Brent crude prices fell as traders booked profits on a rally underpinned by an OPEC agreement to reduce output for the first time in eight years to address global oversupply.
U.S., German government bond yields rose as investors trimmed holdings in reaction to the gains on Wall Street and in European equity markets.
"Wall Street was right to worry about... read more

 
30 September 2016 in World News, Views: 36
Source: Reuters
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