Global stocks follow Wall Street climb

Hong Kong (AFP) Aug 15, 2024

Markets in Asia and Europe mostly mirrored positive strides on Wall Street Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner, and as economic growth in Japan outpaced expectations. The eagerly awaited US consumer price index (CPI) data showed a 2.9 percent rise last month from a year ago - its smallest 12-month increase since March 2