BEIJING—Global stock markets rose Friday after U.S. inflation eased in March and China reported strong exports.
London and Frankfurt opened higher. Shanghai, Tokyo, and Hong Kong advanced. Oil prices rose.
Wall Street futures were lower, giving up part of Thursday’s gains after U.S. inflation at the wholesale level slowed more than expected.
Asian markets were “taking cues from a solid rally on Wall Street,” said Anderson Alves of ActivTrades in a report.
In early trading, the FTSE 100 in London gained 0.2 percent to 7,862.09. The DAX in Frankfurt advanced 0.2 percent to 7,843.38 and the CAC 40 in Paris was 0.2 percent higher at 7,497.61….