World stock markets and the U.S. dollar started the second quarter on a positive note on Monday, although caution also set in as the first meeting between U.S. President Donald Trump and China's Xi Jinping loomed.
After a number of false starts since the term was first coined five years ago, the idea of a 'Great Rotation' out of bonds into stocks is again gaining traction.
Anti-establishment votes in Britain and the United States have roiled markets twice this year and investors are determined not to be caught off guard again.
Shares fell worldwide towards three-week lows on Wednesday after a dour start to the U.S. earnings season, while Britain's battered currency rose for the first time in five days.
World stock markets reached their highest level in almost five months on Thursday as higher oil prices improved risk appetite and the euro steadied before a European Central Bank meeting.
World stock markets touched two-month highs on Thursday as easing concern about the global growth outlook and a recovery in commodities lifted risk appetite globally.