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global markets update: Asia stocks on track for weekly gain; eyes on US inflation test

Chinese stocks looked set to end the week on a strong footing as a wave of policy support from Beijing restored fragile investor confidence and put a floor under its sliding stock market. The blue-chip index rose 0.03% and was eyeing a 2% weekly gain, while the Shanghai Composite edged 0.3% higher, putting it on track for a 3% weekly rise, its largest since July 2023.
Red Sea Djibouti General John Pinkel David Doyle Federal Reserve European Central Bank

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Pivot party lifts European stocks, oil to best week of year

LONDON : Europe's share markets were heading for their best week of the year so far and oil was on track for its strongest performance since October on Friday as traders ratcheted up bets that interest rates in major economies will soon be heading down.Key U.S. inflation data was coming up later for the d
City Of United Kingdom Red Sea Djibouti General John Pinkel Michael Metcalfe

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