Markets: Stock Markets and British Markets

markets: A stronger-than-expected German business sentiment survey added to the upbeat mood in Europe, with stock markets in Paris and Frankfurt up 0.4 per cent each, according to Nine News Australia. British markets were closed for a public holiday. To improve your experience update it here News World World stocks at highest in over two weeks8 55pm Aug 27, stock markets have risen to their highest level in more than two weeks as reassuring comments from the US Federal Reserve chief, an easing in trade war jitters and a bid by China's central bank to stabilise the yuan lifted risk appetite. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.1 per cent and Japan's blue-chip Nikkei closed at a 10-week high. Comments from Fed chief Jerome Powell at the Jackson Hole symposium on Friday affirming that the US central bank was sticking with its strategy of gradual rate hikes to protect economic growth sparked a rally in stocks that gathered pace as a new week swung into gear. That left the MSCI All-Country World index, which tracks shares in 47 countries, at its highest level since August 9. (news.financializer.com). As reported in the news.