NEW YORK: World stocks rose more than 2 percent, recovering a bit from recent weakness, and the euro rallied on Wednesday on hopes that major central banks might act to bolster a slowing global economy.
Brent crude jumped above $100 a barrel, while gold hit a one-month high, leading a broad rally in the commodities sector. Silver soared 4 percent for its largest gain in three months and copper gained 3 percent.
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