INFLATION

Asian shares enjoyed their best day in 15 months on Friday after Wall Street boasted its biggest two-day advance since late 2011.

U.S. Federal Reserve prepares Wednesday to debate inflation concerns at a meeting in Washington.

The fall in inflation has given some respite to British households and average earnings rose by more than prices in September.

The Fed promised in 2012 to keep interest rates "close to zero" until after its asset purchase scheme ended and the economy strengthened.

U.S. wholesale prices fell last month, as lower gasoline prices begin to weigh on U.S. inflation.

Wall Street is eyeing this week’s retail sales and inflation data from last month for clues about the U.S. economy's health.

The Dow and S&P 500 Index fell on Thursday after ECB President Mario Draghi warned falling oil prices would have mixed impact on the eurozone.

The official Purchasing Managers' Index still indicated a modest expansion in activity but below forecasts.

Chinese stock markets rallied, with a key index at its highest level in around one-and-a-half years.

Economic growth has slowed to 7.3 percent in the third quarter and policymakers feared it was on the verge of dipping below 7 percent.

Alarm bells are ringing around the world despite the major central banks' highly accommodative monetary policies.

Any real benefit to China's economy will probably be the result of factors outside the country.

The Dow soared over 160 points Friday after China announced a surprise rate cut and Europe stepped up stimulus measures.

Draghi said there was now no sign of economic improvement in the months ahead.

A key gauge the Fed uses to measure inflation remained unchanged in October, as gasoline fell for the fourth month in a row.

The Federal Reserve is scheduled to release the latest minutes from the FOMC's October meeting on Wednesday at 2 p.m. EST.

Wholesale costs in the U.S. unexpectedly rose last month, but the surprise jump could be tied to an unusual quirk.

Economists expect cheaper gas prices will likely put more money back into U.S. consumers’ pockets heading into the holiday shopping season.

Investors shook off mixed data out of Asia and Europe Thursday to cheer on strong results from retail giant Wal-Mart.

The Bank of England is keeping a close eye on labor costs as it considers when to start raising interest rates.

Economists expect next week's retail data will reveal the overall health of the U.S. economy heading into the holiday shopping season.