World shares at eight-month high, euro rallies on ECB shift
LONDON (Reuters) – European shares consolidated close to two year highs on Friday after Europe’s Central Bank expressed cautious optimism on the euro zone’s prospects. Strong Chinese trade data on Thursday also helped lift economists’ expectations of a steady global recovery this year, although a pick-up in Chinese inflation on Friday prompted profit-taking on Asia shares outside Japan and dampened oil. The FTSEurofirst 300 of top European shares opened in positive territory but had returned to a near-unchanged 1164. . . .
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