(Bloomberg) — European stocks rallied the most in more than two months as simmering Middle East tensions pushed commodities higher and the prospect of euro-area interest-rate cuts boosted sectors sensitive to borrowing costs. The common currency tumbled. The Stoxx 600 index advanced 1.2%, with mining, energy and utility stocks leading the gains. Brent climbed above…
WASHINGTON U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis.
WASHINGTON U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis.