Stocks head higher as risk appetite returns


LONDON: Global stocks rose and money-market rates fell to new lows on renewed investor appetite for risk on Tuesday, as investors breathed easier over the Ukraine crisis and saw monetary policy remaining accommodative.

Equities are still trading broadly near multi-year highs despite the past month's jitters over geopolitical risk, with traders keeping a close eye on economic data and central-banker comments for indications of interest-rate moves after years of crisis-era rock-bottom benchmark borrowing rates.

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