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Tom Arnold
6 minute read
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 9, 2021. REUTERS/Staff
Summary
U.S. inflation expected at 4.9% in June
German Bund yields hover near 3-month lows
Global asset performance http://tmsnrt.rs/2yaDPgn
LONDON, July 13 (Reuters) - Global shares hung near record highs on Tuesday, buoyed by better than expected Chinese export data as markets awaited the release of U.S. inflation data for further clues about the global economic recovery.
The surprisingly strong Chinese data implied that global demand remained strong and helped reassure investors that the world economy was recovering from the COVID-19 pandemic, despite the spread of the Delta variant. read more