World stocks fly after U.S. data, Fed official cools on rate hike

By Sinead Carew NEW YORK (Reuters) - World stock markets around the world rallied on Thursday, helped by strong U.S. economic data and after a U.S. Federal Reserve policymaker hinted Wednesday that a September interest rate hike was unlikely. All three major U.S. indexes were up more than 1 percent and increased appetite for risk also lifted crude oil prices, while the price of government bonds and the Japanese yen fell. "The bounce in Wall Street and stabilization in Asia are causing the market