Obama comments on Syria help lift stocks

|By:, SA News Editor

Global equities are higher on falling expectations that the U.S. will lead an attack on Syria after President Obama said he'd refrain from action if the Middle Eastern country gives up its chemical weapons.

Better-than-expected Chinese industrial output and retail data have also helped boost sentiment.

Oil is -0.9% at $108.58 a barrel and gold is -0.85% at $1.374.60 an ounce.

Japan +1.5%, Hong Kong +1%, China +1.1%, India +3.2%.

EU Stoxx 50 +1.1%, London +0.8%, Paris +1.1%, Frankfurt +1.5%, Milan +0.6% and Madrid +1.3%.

ETFs: EZU, VGK, FEZ, EPV, IEV, ADRU, FEP, FDD, UPV, EPV, DFE, FEU, FEEU, ADRA, AIA, VPL, ASDR, AAXJ, AXJS, EPP, GMF, GMFS, AXJL, UXJ, JPX, PAF, ASEA, EEMA, DVYA.