GLOBAL MARKETS-China inflation relief sends stocks, dollar higher



Oct 14 Global stocks and the dollar edged up on Friday, erasing some losses from the previous day, as stronger-than-expected Chinese inflation data eased some concerns about the health of the world's second-biggest economy.
September producer prices in China unexpectedly rose for the first time in nearly five years, while consumer inflation also beat expectations, setting the tone for equity markets globally.
European shares tracked Asian markets higher. The pan-European STOXX 600 was up 0.9 percent, led higher by its mining stocks, while MSCI's broadest index of Asia-Pacific shares outside... read more

 
14 October 2016 in World News, Views: 35
Source: Reuters
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