LONDON—World shares rose and the dollar and bond market borrowing costs held steady on Thursday ahead of U.S. inflation data and European Central Bank meeting minutes that will add to the hotly-contested debate on where interest rates are heading.
The week’s sharp escalation of Middle East tensions ensured the mood remained cautious but European stocks shuffled to a 3-week high early on after a 1.75 percent jump from Tokyo had done the same for Asia.
