“European stocks rose and Asian shares headed for their biggest five-day gain this year on expectations that central banks in Europe and China will ease monetary policy to spur economic growth. Commodities climbed to a one-month high as oil and corn advanced.
The Stoxx Europe 600 (SXXP) Index added 0.2 percent as of 8:05 a.m. in London, while Standard & Poor’s 500 Index futures fell 0.1 percent. The MSCI Asia Pacific Index (MXAP)gained 0.8 percent. The S&P GSCI Index of commodities rose 0.6 percent. The won and the Australian dollar traded near their highest levels in two months against the U.S. dollar. Credit-default swaps for Asia ex-Japan gained for the first time in six days. Barclays Plc fell as much as 4.4 percent in London as Robert Diamond stepped down as the chief executive officer.”
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