In Asian Equity Markets stocks rose on Thursday, tracking Wall Street’s gains as planned diplomatic talks between Russia and Ukraine buoyed sentiment, although analysts warned the rally could be susceptible to a sharp reversal as risks remain. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.6 percent in early trade. Japan’s Nikkei rose 3.4 percent while Australian shares were up 1 percent. The broader Topix rose 3.58 percent, after shedding 6.5 percent in the last four sessions. Chinese blue chips rose 1.96 percent while Hong Kong’s Hang Seng index rallied 1.8 percent.

In Currency Markets the dollar was up on Thursday morning in Asia, while the euro held onto most of its overnight gains. The latter had posted its steepest daily jump in nearly six years after a meeting between Ukrainian and Russian foreign ministers, and investor sentiment also improved as oil prices eased. The U.S. Dollar Index that tracks the greenback against a basket of other currencies was up 0.23 percent to 98.175. Against the Japanese yen, the dollar was up 0.29 percent to 116.16. The Aussie dollar inched down 0.08 percent to $0.7317 and the kiwi edged down 0.18 percent to $0.6825.

In US Equity Markets stocks rose on Wednesday led by financial and tech shares, rebounding from several down days as oil prices pulled back sharply after fanning inflationary fears and investors gauged developments in the Ukraine crisis. The Dow rose 2 percent, to 33,286.25, the S&P 500 gained 2.57 percent, to 4,277.88 and the Nasdaq Composite added 3.59 percent, to 13,255.55. Travel and leisure stocks, which have been hit hard recently, also rose, with shares of Carnival Corp rising 8.8 percent and United Airlines Holdings up 8.3 percent.

In Commodities Markets global oil prices fell on Wednesday by the most in nearly two years after OPEC member the United Arab Emirates said it supported pumping more oilinto a market roiled by supply disruptions due to sanctions on Russia after it invaded Ukraine. Brent crude futures settled down 13.2 percent, at $111.14 a barrel. U.S. crude futures ended down 12.5 percent, at $108.70. Palladium fell 7.5 percent to $2,940.72 per ounce. Spot gold fell 3.3 percent to $1,983.96 per ounce. Spot silver fell 3 percent to $25.59 per ounce. Platinum fell 7 percent to $1,072.41.

In European Equity Markets stocks bounced on Wednesday, as investors picked up stocks hammered in a recent market selloff, driven by concerns about mounting Western sanctions on Russia after it invaded Ukraine. The pan-European STOXX 600 index rose 2.6 percent. Hard-hit banks, travel & leisure and automakers led the gains in morning trade — all up more than 4 percent each. Adidas jumped 7.6 percent after the German sportswear company said it expects a sales recovery in its China business but warned of up to 250 million euros ($273.10 million) hit from halting business in Russia.

In Bond Markets the benchmark U.S. 10-year Treasury yield rose for a third straight day on Wednesday as concerns over rising prices persisted a day ahead of a report on inflation even as oil prices plunged. The yield on 10-year Treasury notes was up 7.3 basis points at 1.944 percent after touching 1.95 percent, its highest level since Feb. 25. The yield on the 30-year Treasury bond was up 5.9 basis points to 2.302 percent. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was up 4.7 basis points at 1.676 percent.