Shares and Bonds Ride High After Soothing Eurozone Data

Shares and Bonds Ride High After Soothing Eurozone Data
A media person stands in front of the stock quotation board during a ceremony marking the end of trading in 2022 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, on Dec. 30, 2022. Issei Kato/Reuters
Reuters
Updated:

LONDON—Share markets pushed for a fifth straight day of gains on Friday and bonds headed for their best month since 2008, as a record monthly drop in the eurozone’s inflation rate raised investors’ expectations for similar U.S. data later in the day.

With an action-packed first quarter also drawing to a close world stocks were consolidating a 6 percent year-to-date rise. Government bonds have gained as much as 5 percent, gold is 8 percent higher, while oil is down and the dollar has barely budged.