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US Economic Data - Asian shares track Wall Street rally after US jobs data eases downturn fears
Chinese inflation data came in higher than expected in July, with the consumer price index rising 0.5% compared to the same period a year earlier
European stocks dip but U.S. futures rise as data calms nerves
European shares fell on Thursday following stormy sessions in Asia and on Wall Street, but U.S. stocks were set to rise after data on jobless claims was stronger than expected. The yen rallied in the European morning session but reversed course to sit lower after the data as a turbulent week in global markets continued.