European Bourses and Pan-European Index

cent: Following falls across Asian share markets, European bourses turned higher, with a pan-European index up 0.5 per cent . Futures for New York's S&P500, Nasdaq and Dow Jones indices were up to 0.25 per cent higher, indicating a stronger session following Monday's falls .MSCI's main index of world stocks also inched into positive territory, though it held off the six-month highs hit earlier this month, according to Nine News Australia. While trade tensions continue to fray investors' nerves, oil grabbed the spotlight. To improve your experience update it here News World Oil offsets trade and bond market chill10 32pm Sep 25, shares have risen and Wall Street is set for a stronger open, as oil above US80 A110 a barrel lifted energy shares, despite worries around the latest US-China tariff round and central bank rate hikes. After surging more than three per cent on Monday, Brent crude futures shot to four-year highs of almost US82 A113 a barrel. The combination of tight supply, healthy demand, falling global inventories - down from already under-stored levels - and anemic spare capacity helps support an oil price which could end the year above US90 A124 Richard Robinson, manager of Ashburton's Global Energy Fund, said. The jump was down to US sanctions on Iranian crude exports and the apparent reluctance of OPEC and Russia to counterbalance that by upping output. (news.financializer.com). As reported in the news.