Business

摘要

A tentative calm returned to the markets after a bout of volatility sparked by fears about the world economy. The s&p 500 share index notched up its best daily performance in a year and the yield on Greek ten-year government bonds fell towards 7%, having soared to almost 9%. Oil prices climbed. The cautious optimism was induced in part by reports that the European Central Bank is thinking about buying corporate bonds on the secondary market early next year as part of a strategy to steer the euro zone away from its deflationary path.