Brent Crude Plunged -4% as OPEC Output Soared in April

Market sentiment improved modestly although trading volume in most of Europe was light due to holiday. Wall Street gained with DJIA and S&P 500 indices adding +0.66% and +0.78% respectively. In Asia today, Chinese equities soared despite weak manufacturing data. The CSI 300 index has risen to a 2-week high of 3206, up almost +1.6%, at the time of writing. Hong Kong's Hang Seng Index, however, has dropped to a 3-week low of 20 759.