Global stocks, commodities climb as economic confidence rises

[Reuters] - World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up stocks and commodity prices and kept the dollar at a nine-month high. Wall Street (ESc1) was set to tick higher with consumer confidence figures due and analysts already tucking into healthy-looking earnings from Procter & Gamble, General Motors and drugs giant Merck, but also a profit downgrade from Caterpillar. Europe had been cheered as Germany's Dax (.GDAXI) hit its highest level of the year after the closely-watched Ifo survey beat expectations a day after purchasing manager numbers had done the same.

Stocks, commodities climb as economic confidence rises - Yahoo Finance