The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Markets-world WRAP-update

Contributed by NAMPA / AFP.

Volatile stock markets recover from US inflation scare
ATTENTION - UPDATES with US close, CHANGES dateline ///
New York, Feb 14, 2018 (AFP) - Stock markets wavered on Wednesday on surprisingly strong American inflation data, but rallied to finish higher in both Europe and the US.
European equity markets briefly tumbled into the red, as the US pricing data fueled expectations that borrowing costs might be ramped up more aggressively than previously thought.