Global markets edge up as eye on China and inflation

Speculation about a possible relaxation of China's zero-Covid strategy has had a huge impact on markets. [iStockphoto]

Global stocks mostly advanced yesterday as investors weighed uncertainties such as the US midterm elections and China's possible moves to ease coronavirus restrictions.

Oil prices fell and US futures edged lower. France's CAC 40 lost 0.4 per cent to 6,391.90 in early trading, while Germany's DAX edged up nearly 0.1 per cent to 13,470.68.