Asian and European stocks rally amid a wave of risk appetite

Source: Investing.comSouth Koreas leading Kosdaq Index fell 2.62% to close at 795– its lowest level given that March 16– while the Kospi Index reversed previous gains to dip 0.26% and finish at 2,402.58, its lowest level considering that March 21. On the other hand, mainland Chinese markets were down, with the CSI 300 index declining 0.75% to 3,657.13, marking a third successive day of losses.Hang Seng Index daily price chart. After a spike in oil prices, and as financiers looked for refuge in Treasurys and gold, the index was on its method to recover from Mondays 0.3% decline.STOXX 600 index everyday cost chart.Source: Investing.comThe United Kingdom benchmark FTSE 100 Index increased to a one-week high on Tuesday owing to the Feds bullishness and expectations that the Bank of England would hold off on raising interest rates.