World stocks gained on Tuesday after Chinese trade data came in better than expected

• European stock markets opened stronger, with the pan-European STOXX 600 index rising 0.6% to its highest since March 11.
• The gains in Europe took MSCI’s All-Country World Index .MIWD00000PUS, which tracks shares across 49 countries, up 0.5%.
• Chinese shares gained, with the blue-chip index .CSI300 up 1.2%.
• Australian shares were up 1.7%.
• Japan’s Nikkei .N225 rose 2.8%.
• Hong Kong’s Hang Seng .HSI was up 0.9%.

Oil Prices

Oil prices rose around 1% after the U.S. Energy Information Administration (EIA) predicted shale output in the world’s biggest crude producer would fall by a record amount in April, adding to cuts from other major producers.

• U.S. crude CLc1 was up 0.85% at $22.55 a barrel, compared with a January peak of $63.27.
• Brent LCOc1 rose 1.3% to $32.16 a barrel.

Gold Price

• Gold prices XAU= clung to highs not seen in more than seven years at $1,720.1 an ounce.

Currencies