Reuters

Oil prices rose on Wednesday after industry group data showed U.S. crude inventories fell more than expected last week.

The market shifted focus to the possibility of increased Chinese demand, drawing attention away from trade tensions with the United States.

Global equity markets hit their highest in a month on Tuesday, as stellar results from Google parent Alphabet underpinned tech stocks and China promised fiscal action.

The pound hit a five-day high versus the dollar on Tuesday as the greenback lost momentum.

Disappointing euro zone business survey data pulled German bond yields off five-week highs on Tuesday, as investors fretted over the impact of tariffs on European businesses.

Gold ticked higher on Tuesday as the dollar slipped, but struggled to stabilize after weeks of losses.

Strong results from bank UBS, car company PSA and chipmaker AMS propelled European stocks higher on Tuesday, breaking a three-day slide as the earnings season delivered a boost to the market.

Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States.

Gold prices on Monday slipped towards one-year lows as the dollar strengthened again, making bullion more expensive for buyers using other currencies.

European stocks slid as threats of further U.S. tariffs on China drained risk appetite.