LONDON/SINGAPORE—Shares globally jumped and most currencies rose against the dollar on Wednesday, as investors discerned a dovish tone in comments from Fed Chair Jerome Powell, though a policy tweak by the ECB meant European bonds sat out the rally.
MSCI’s world share index rose 0.37 percent, heading back towards the nine-month high it hit in early February, and Europe’s STOXX 600 index gained 0.85 percent to a fresh nine month peak.