World shares tilt higher

|By:, SA News Editor

Global stocks are mostly flat-to-higher following data which shows that the recovery in the eurozone is gradually taking hold and that Chinese inflation remains tame.

However, Japan's Nikkei fell 1.5%, with the strength of the yen once again providing a ready explanation after disappointing U.S. retail sales and weekly jobs figures caused the dollar to weaken.

In Europe, Italian stocks are giving a vote of confidence to the ousting of Prime Minister Enrico Letta in favor of Matteo Renzi, who is thought to be more likely to be able to implement reform.

Hong Kong +0.6%, China +0.8%, India +0.9%.

London +0.1%, Paris +0.4%, Frankfurt +0.5%, Milan +1%, Madrid +0.5%.

U.S. stock futures: Dow flat. S&P flat. Nasdaq +0.05%