11 yen, not far from the six month peak of 103

29 Sep 11 yen, not far from the six month peak of 103

China data supports world share markets

NEW YORK, Dec 9 (Reuters) Stock markets cheap Canada Goose worldwide rose on Monday and the euro climbed to a six week high against the dollar after Chinese trade and inflation data boosted optimism about the global economy. central bank to start reducing bond buying this month.

China exports handily beat forecasts in November, adding to evidence of a stabilization in the world second largest economy, while an unexpected drop in consumer inflation eased fears of any canada goose outlet toronto factory imminent policy tightening.

The latest solid data from major economies has boosted confidence that the global economy Canada Goose Outlet is recovering well enough to canada goose black friday sale withstand a scale back in Fed stimulus, though uncertainty about the timing and impact of a move could keep a lid on markets into year end. and the robust trade balance numbers from China suggest that global growth may be better than consensus view, said Boris Schlossberg, managing director of FX strategy at BK Asset Management in New York.

The MSCI world equity buy canada goose jacket index, which tracks shares in 45 countries, rose 0.4 percent.

The canada goose clearance sale Dow Jones industrial average slipped 0.29 point, or buy canada goose jacket cheap 0.00 percent, at 16,019.91. The Standard Poor 500 Index was up 2.57 points, or 0.14 percent, at 1,807.66. The Nasdaq Composite Index was up 7.02 points, or 0.17 canada goose percent, at 4,069.54. EST (1730 GMT). Later, St. canadian goose jacket Louis Fed President James Bullard and Dallas Fed President Richard Fisher also speak.

economic calendar is light, but several Federal Reserve officials are Canada Goose online slated for speeches, keeping the canada goose outlet store locations debate over the Fed tapering timeline alive and well, said Tony Venosa, senior options strategist canada goose store at Schaeffer Investment Research in Cincinnati, Ohio.

European shares edged up 0.06 percent, while Canada Goose sale Tokyo Nikkei climbed 2.3 percent.

The Fed goose ca will start reducing its massive bond buying program no later than March, canada goose replica according to a Reuters poll on Friday after the strong jobs data, with a handful of Wall Street firms expecting it to take action as early as December.

The Fed has had considerable success in persuading investors that tapering is not tightening, and that interest rates will remain low for a long time to come. Treasury note was up 11/32, the yield at 2.8389 percent.

YEN SLIPS The euro rose as https://www.canadagoosejacketsaleca.com/ high as $1.3729, according canada goose coats on sale to Reuters data, as canada goose deals short term interest rates in the euro zone money market edged up after the European Central Bank last week dented speculation of any imminent easing.

Against the yen, the euro climbed to 141.56, reaching highs not seen since October 2008. It was last trading at 141.38 yen, up 0.3 percent on the day.

The Canada Goose Coats On Sale dollar gained canada goose coats 0.2 percent to 103.11 yen, not far from the six month peak of 103.37 set last Tuesday. The yen continued to underperform on the Canada Goose Online Bank of Japan ultra loose monetary policy and the pick up in risk appetite.

Strong Chinese data helped lift copper prices, while spot gold rose to $1,237.36 an ounce from $1,228.24.

Emerging market attention remained on 2018 canada goose outlet Thailand after Prime Minister Yingluck Shinawatra called snaps elections in an attempt to defuse the country tensions.

The Thai baht rose almost 1 percent versus Canada Goose Parka the canada goose clearance dollar Canada Goose Jackets initially, only to backslide along with Bangkok shares as anti government protest leaders vowed to fight on.