World stocks hold gains; dollar dips on U.S. labour data, yuan surge
By Saqib Iqbal Ahmed NEW YORK (Reuters) - World stocks shrugged off weakness on Wall Street to cling to gains after hitting their highest level since mid-2015 on Thursday, bolstered by strong Chinese data that added to optimism about global growth and inflation. The dollar lost ground against the yen and euro after U.S. labour data failed to reverse a downtrend that followed some of the biggest gains on record for China's yuan. U.S. Treasury debt yields slipped as investors grew uncertain about
Read more »