World Stocks

Rally came on optimism that central banks will cut interest rates

Dollar triumphs and on track for best annual performance in seven years

Political developments across the globe inject tinge of caution into trading

Gold rebounds on deteriorating US-China relations

Investors disregard US-China tensions, focus on reopening world economy

Stocks on Wall Street rebounded to trade more than 1% higher after Fed announcement, but later pared gains

Hopes epidemic will be over in months shattered as international cases soar

Commodity prices recover from slowdown in Chinese consumption of raw metals, energy

Both main oil contracts tumble more than 2%, having dropped more than 6% last week

European shares open negative following in footsteps of US, Asian markets