Global stock markets rally on Fed boost


London (AFP) – World stock and oil markets rallied Tuesday after the US Federal Reserve launched an unprecedented bond-buying plan, the latest salvo in a global fightback against the fallout from the deadly coronavirus outbreak.European equities charged higher as investors shrugged off grim survey data showing collapsing eurozone and UK business activity in March.The dollar beat a retreat from Monday’s three-year peak against the euro on the Fed news. In turn, that lifted crude oil prices which have been battered in recent weeks as coronavirus saps demand.London stocks won more support after B…

Read More