World shares mostly higher ahead of China GDP data
Shares are mostly higher in Europe and Asia after Wall Street benchmarks ended last week on a high note
BANGKOK (AP) — Shares were mostly higher in Europe and Asia on Monday ahead of China’s release of economic growth figures and a policy update this week from Japan’s central bank.
Oil prices declined.
Germany's DAX edged 0.1% higher to 15,101.73 and the CAC40 in Paris was nearly unchanged at 7,022.46. Britain's FTSE was up 0.1% at 7,851.93. The future for the S&P 500 lost 0.5% while that for the Dow Jones Industrial Average slid 0.3%.
China was due to release a slew of economic data on Tuesday, including its GDP for the last quarter. Economists estimate that the world's second-largest economy slowed further in October-December with a sharp rise in COVID-19 outbreaks as the government reversed course and loosened its rigorous pandemic controls.
