* MSCI World Index up 0.4%; STOXX Europe 600 up 0.3% 

  * Japan shares lead gains in Asia, snapping 3-day decline 

  * Fed Governor Waller signals policy to stay accommodative 

  * Global asset performance http://tmsnrt.rs/2yaDPgn 

  By Simon Jessop and Kevin Buckland 

  LONDON/TOKYO, May 14 (Reuters) – Global stocks rose and the dollar dipped on Friday after U.S. Federal Reserve officials said there would be no imminent move to tighten monetary policy in the world’s biggest economy. 

  The bounce, extending a late recovery in the prior session, interrupted a three-day rout for stocks globally, amid market jitters over accelerating U.S. inflation. 

  The MSCI World Index, a broad gauge of equity markets globally, was up 0.4% in early European trading, adding to Thursday’s 0.4% gains after a loss of more than 4% since the start of the week. 

  The STOXX Europe 600 Index was up 0.3% at 0827 GMT, giving back some of its…

Read more…


Comments are closed.