Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13-month high.
Taking its cue from a stronger, albeit holiday-thinned, Asian session, Europe's major indexes were a sea of green in early deals, with Britain's FTSE 100 up 1.5per cent. Those concerned about the impact of market exuberance on the outlook for inflation will also have fresh data to parse, with Britain, Canada and Japan all due to report. Friday will also see major economies, including the United States, release preliminary February purchasing managers' indexes .
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