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World stocks near record highs as China, U.S. data back global recovery hopes


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TOKYO (Reuters) -A batch of Chinese and U.S. economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.
FILE PHOTO: A man is reflected on a stock quotation board in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-Hoon
In Asia, markets were largely steady after China reported a sharp acceleration in first quarter growth, though the reading slightly undershot expectations while retail sales bounced strongly last month.
Shanghai shares dipped 0.2% while the Chinese yuan eased.
Analysts said the China data did little to change expectations of a strong recovery and further policy tightening to curb any excesses in property investments. ....

Hideyuki Sano , Chotaro Morita , Norihiro Fujito , Gerry Doyle Shri Navaratnam , Thomson Reuters Trust Principles , International Energy Agency , Mitsubishi Ufj , Federal Reserve , Wall Street , Nasdaq Composite , Gerry Doyle , Thomson Reuters Trust , Asia Pacific , Commodities News 3rd Party , China Prc , Crude Oil , Emerging Market Countries , Currencies Foreign Exchange Markets , Economic Output , National Government Debt , Hong Kong , Interest Rates Policy , South Korea , Market Reports , Major News , Monetary Fiscal Policy Makers ,

GLOBAL MARKETS-World stocks near record highs as China, U.S....


Global asset performance http://tmsnrt.rs/2yaDPgn
World FX rates http://tmsnrt.rs/2egbfVh
By Hideyuki Sano
TOKYO, April 16 (Reuters) - A batch of Chinese and U.S. economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.
In Asia, markets were largely steady after China reported a sharp acceleration in first quarter growth, though the reading slightly undershot expectations while retail sales bounced strongly last month.
Shanghai shares dipped 0.2% while the Chinese yuan eased.
Analysts said the China data did little to change expectations of a strong recovery and further policy tightening to curb any excesses in property investments. ....

Hideyuki Sano , Chotaro Morita , Norihiro Fujito , Gerry Doyle Shri Navaratnam , International Energy Agency , Mitsubishi Ufj , Federal Reserve , Wall Street , Nasdaq Composite , Gerry Doyle , Shri Navaratnam , ஜெர்ரி டாய்ல் திரு நவரட்னம் , மிட்‌ஸ்யூபீஶி உப்ஜு , கூட்டாட்சியின் இருப்பு , சுவர் தெரு , நாஸ்டாக் கலப்பு , ஜெர்ரி டாய்ல் , திரு நவரட்னம் ,