* Catalonia puts pressure on stocks in Spain
* Wall Street rises to record highs, helped by Wal-Mart (NYSE:WMT)
* Dollar falls for third day running
* Crude oil futures rise as Saudi trims exports (Updates to late afternoon trading)
By Sinead Carew
NEW YORK, Oct 10 (Reuters) - Stocks around the world rose on Tuesday as Wall Street eked out record highs ahead of earnings season, while U.S. Treasury prices pared gains after Catalonia's leader allowed for talks with Madrid as he proclaimed independence from Spain.
Oil futures rose on signs of supply rebalancing, helping shares in energy companies.
The dollar lost ground and the euro climbed to its highest point in a week and firmed further on the Catalan news.
Catalan leader Carles Puigdemont proclaimed the region's independence, but said its effects would be suspended to allow for talks with the Madrid government. you really want to be bearish about this market, there's no shortage of macro events you could point to whether its North Korea or China, Catalonia or the Trump dynamics. So far the market has looked through every one of them," said Nathan Thooft, senior managing director in asset allocation at Manulife Asset Management in Boston.
"It's this game of looking at macro events versus actual fundamentals, and fundamentals are driving the market," said Thooft who expects earnings to beat expectations.
The three major Wall Street indexes scaled new records, helped by gains in energy stocks and in Wal-Mart WMT.N on the back of the company's $20 billion share buyback plan. Dow Jones Industrial Average .DJI rose 45.78 points, or 0.2 percent, to 22,806.85, the S&P 500 .SPX gained 3.7 points, or 0.15 percent, to 2,548.43 and the Nasdaq Composite .IXIC dropped 0.48 points, or 0.01 percent, to 6,579.25.
European bourses ended the day slightly lower on Tuesday as investors braced themselves for a possible unilateral declaration of independence at the Catalan parliament. dollar index .DXY , which tracks the greenback against a basket of major currencies, fell for the third day in a row. It was down 0.41 percent, with the euro EUR= up 0.54 percent to $1.1802. top of strong German export data, traders were also upbeat after one of the European Central Bank's German policymakers called for an end to its stimulus. 10-year notes US10YT=RR last rose 7/32 in price to yield 2.3445 percent, from 2.368 percent late on Monday.
The 30-year bond US30YT=RR last rose 15/32 in price to yield 2.8824 percent, from 2.906 percent late on Monday. commodities, Brent oil prices pushed above $56 a barrel after top producer Saudi Arabia signalled it would trim its exports and as OPEC flagged ongoing efforts to try to restore the longer-term "balance" of the market. crude CLcv1 rose 2.56 percent to $50.85 per barrel and Brent LCOcv1 was last at $56.49, up 1.25 percent on the day.
Gold prices also hit their highest in more than a week against the backdrop of a weaker dollar although expectations for another U.S. interest rate hike capped gains. Spot gold XAU= added 0.4 percent to $1,288.80 an ounce. MSCI, Nikkei datastream chart
http://reut.rs/2sSBRiD KOSPI/MSCI Asia ex-Japan
http://reut.rs/2zbTCwf Global assets in 2017
http://reut.rs/1WAiOSC World FX rates in 2017
http://tmsnrt.rs/2egbfVh Catalonia secession
http://reut.rs/2yCeL67 Catalonia crisis impact on Spanish banks
http://reut.rs/2zbl6lH
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