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Global stocks rise as oil steadies near $63.5 per barrel, easing inflation pressures
Global equities rallied with oil near $63.
Global equity markets advanced for a second consecutive session on November 11 as crude oil prices held around $63.5 per barrel, tempering inflation concerns. Asian and European indices gained 0.4–0.7 %, while US futures traded positive after recent volatility. The dollar weakened slightly, and bond yields retreated as investors priced in gradual policy easing. Energy-importing economies such as India and Japan benefited from softer commodity trends, improving their macro outlook.
Market sentiment remained constructive, driven by signs of declining producer inflation and robust third-quarter earnings globally.