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Global Stocks Hit 16 Month High As Draghi’s “Dovish Taper” Sustains “Trumpflation”

Global Stocks Hit 16 Month High As Draghi’s “Dovish Taper” Sustains “Trumpflation”

European and Asian shares rose again and S&P futures were little changed, as world stocks were set for a weekly gain and held near 16-month highs on Friday, while the euro steadied after swings following the European Central Bank’s decision to extend its stimulus program. Oil rose a second day before a meeting between OPEC and other major producers on output cuts, industrial metals gain.

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