RTRS: Oil leads risk rally, US dollar at 4 month low
European stocks edged higher and oil prices hit a 2009 high on Tuesday as
investors chased risky assets further on hopes for improvement in the global
economy, pushing the low-yielding U.S. dollar to a four-month low.
Oil prices rose as high as $59.68 a barrel CLc1, helped by a weaker
dollar and hopes for higher demand on the back of an economic recovery.
The MSCI world equity index .MIWD00000PUS was steady on the day after
hitting a six-month high on Monday.
