LONDON, Oct 24 Reuters Global stocks steadied on Tuesday as a flicker of investor risk appetite lifted equities and commodities, although trading was cautious given the war in the Middle East and looming makeorbreak data for the outlook for U.S. interest rates.

Oil recovered some of the previous day39;s losses as markets worried that the IsraelHamas war could escalate into a wider conflict in the crudeexporting region.

Bitcoin , which on Monday staged its biggest oneday rally in a year with a gain of 10.2, was up another 5.

The MSCI AllWorld index rose 0.1, marking its first daily rise since Oct. 17, while an index of AsiaPacific shares outside Japan edged above a oneyear low.

U.S. stock index futures , were up 0.60.7.

Monthly surveys of business activity showed a decline in the euro zone and the UK in early October, ahead of a separate report due out later for the United States.

The only real growth that is out there is in the United States, TraderX strategist Michael Brown said, flagging the monthly U.S. purchasing manager index PMI survey due later.

I would expect that is going to really reinforce that message. The risks facing the euro zone were pretty significant already, before everything kicked off in the Middle East, but now we are potentially looking at a second consecutive winter where the euro zone is having to grapple with an energy shock, he said.

The STOXX 600 was last up 0.2, as declines in banking shares such as Barclays were offset by gains in…