Global shares up on news of China central bank stimulus plan
European stock markets were flat or lower in early trade, while emerging-market stocks and the forex index were having their best week since June
London — Stimulus from China capped a strong week for global share markets on Friday, while bond buyers and dollar dealers were waiting for US jobs data after their first significant sell-offs in months.
After a roller-coaster week dominated by UK and Italian political drama, Washington and Beijing trade talk, global monetary stimulus and Argentina’s imposing capital controls, calm looked to have returned. Then Beijing cut in...