BUSINESS REPORT: Record markets not just happening in the U.S. and Canada

It’s not just stocks in the U.S. and Canada that are setting all-time record highs – as they did on Tuesday and again Wednesday morning – but Global stock markets are also smashing records.

After its biggest one-day gain in more than two weeks on Tuesday, in the wake of its best year since 2009, the 2017 MSCI’s index of global stocks – which tracks shares in 47 countries – pushed to new record highs.

The Euro hit a four-month high at US$1.28 on Tuesday. Meanwhile, in Asia, stock prices in the Philippines hit record levels, Thailand saw a 24-year high while the Hong Kong stock market saw a 10-year high.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Sign up for breaking National newsletter Sign Up

By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

Gold and oil are no slouches either with gold reaching its best level since mid-September, well over $1,300 per ounce. Oil prices are also at their best level since mid-2015, at over US$60 per barrel.