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GLOBAL MARKETS-Strong data lifts stocks after tax scare; oil gains


Dollar, oil on track for weekly declines (Updates prices, adds comment)
NEW YORK, April 23 (Reuters) - Stocks rose on Friday as solid economic data reversed a Wall Street decline in the previous session, setting up a global stocks index for a fifth consecutive week of gains.
Oil prices rose more than 1% but were on track to end negative for the week, while the strong data lifted the euro and the dollar index fell as it lost some of its safe haven appeal.
Stocks rose sharply on Wall Street a day after reports of a Biden administration push to raise taxes on capital gains shoved indexes lower. The proposed increases had been public since the presidential campaign. ....

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GLOBAL MARKETS-World stock markets hit two-week high as inflation worries ease


U.S. initial jobless claims less than expected
Graphic: World FX rates tmsnrt.rs/2egbfVh (Updates to open of U.S. markets, changes byline, dateline; previous LONDON)
NEW YORK, March 11 (Reuters) - A gauge of global stocks rose for a third straight session on Thursday to hit its highest level in two weeks, as a dip in government bond yields helped ease inflation worries and provided a boost to stocks.
Euro zone bond yields fell after the European Central Bank said it was ready to accelerate money-printing to keep a lid on euro zone borrowing costs, using its 1.85 trillion Pandemic Emergency Purchase Program (PEPP) more generously over the coming months to stop any unwarranted rise in debt financing costs. ....

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Stocks climb as data eases inflation jitters


Treasury yields slide on tepid 10-year auction demand
Wall Street builds on Tuesday rally
European stocks hover near pre-pandemic highs
Gold hits one week high as bond yields ease (Updates prices, comment; adds 10-year Treasury auction)
NEW YORK, March 10 (Reuters) - A gauge of global stocks climbed for a second day on Wednesday to its highest level in a week after a report on U.S. consumer prices calmed concerns about inflation, while the dollar retreated further from a 3-1/2 month high.
Economic data from the Labor Department said its consumer price index rose 0.4% in February in line with expectations, after a 0.3% increase in January. Core CPI, which excludes the volatile food and energy components, edged up 0.1%, just shy of the 0.2% estimate, after being unchanged the prior two months. ....

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