在庫／株s ブイ，浮標d by 刺激 hopes but still 長，率いる for third losing week
By Ritvik Carvalho
LONDON, Aug 16 (Reuters) - World 在庫／株s rose on Friday as 期待s grew of その上の 刺激 by central banks, offsetting worries about slowing 経済成長, which 強めるd this week as the U.S. 産する／生じる curve inverted for the first time since 2007.
European 株 opened higher, with the pan-European STOXX 600 索引 0.7% higher and the 貿易（する）-極度の慎重さを要する DAX 索引 outperforming.
The London 在庫／株 交流 said it was 調査／捜査するing a technical glitch that 延期するd the 開始 of the UK's （判断の）基準 FTSE 100 索引 and FTSE midcap
Japan's Nikkei recouped 早期に losses to end 0.06% higher and Shanghai blue 半導体素子s rose 0.3%, after 中国's 明言する／公表する planner said Beijing would roll out a programme to 上げる 使い捨てできる income.
MSCI's All Country World 索引, which 跡をつけるs 公正，普通株主権s across 47 countries, was up 0.2% on the day. It was still 始める，決める for its third straight losing week, 負かす／撃墜する 2.2%.
在庫／株s took a （警官の）巡回区域，受持ち区域ing this week after the U.S. 産する／生じる curve -- the difference between 産する／生じるs on the U.S. 10-year and 2-year 財務省 社債s -- inverted for the first time since 2007.
Inversions typically に先行する 後退，不況s in the 部隊d 明言する／公表するs, making the 産する／生じる curve a closely watched 経済的な 晴雨計.
"There are plenty of 危険s to keep 投資家s on 辛勝する／優位, from the 現在進行中の 貿易（する） 論争 between the U.S. and 中国 to the 可能性のある for a no-取引，協定 Brexit," strategists at UBS wrote. The 不確定 has 土台を崩すd economies, they said, 公式文書，認めるing that Germany 甚だしい／１２ダース 国内の 製品 shrank in the second ４半期/4分の1.
The U.S.-中国 貿易（する） war has 強めるd, with Beijing on Thursday 公約するing to 反対する the 最新の 一連の会議、交渉／完成する of U.S. 関税s on $300 billion of Chinese goods.
With no 解決／入植地 in sight, 投資家s have hedged against a 全世界の 減産／沈滞 by buying 社債s. 産する／生じるs on 30-year 負債 dropped to a 記録，記録的な／記録する low 1.916% on Thursday, leaving them 負かす／撃墜する 27 basis points for the week, the はっきりした 拒絶する／低下する since 中央の-2012.
That meant 投資家s were willing to lend the 政府 money for three １０年間s for いっそう少なく than the 夜通し 率. Surprisingly strong U.S. 小売 sales had no 影響 on the 社債 決起大会／結集させる.
Some 分析家s say the 現在の 社債 market is a different beast than past markets and might not be sending a true 後退，不況 signal.
"The 社債 market may have got it wrong this time, but we would not 解任する the 最新の 後退，不況 signals on grounds of distortions," said Simon MacAdam, 全世界の 経済学者 at 資本／首都 経済的なs.
"Rather, it is of some 慰安 for the world economy that unlike all previous U.S. 産する／生じる curve inversions, the Fed has already begun 緩和するing 通貨の 政策 this time."
STIMULUS ON THE WAY 未来s 暗示する one chance in three the 連邦の Reserve will 削減（する） 率s by 50 basis points at its September 会合, and see them reaching just 1% by the end of next year. And the European Central Bank's Olli Rehn on Thursday flagged the need for 緩和 in September.
Markets 心配する a 削減（する） in the ECB's deposit 率 of at least 10 basis points and a 再開 of 社債 buying, sending German 10-year bund 産する／生じるs to a 記録，記録的な／記録する low of -0.71%.
"The underlying 関心 and drivers such as a 後退，不況 and the 期待 for an 積極的な 政策 返答, fuelled by Rehn's comments yesterday, has given the 社債 market another 上げる at already elevated levels," said Commerzbank 率s strategist Rainer Guntermann.
Mexico 夜通し became the 最新の country to surprise with a 率 削減（する）, the first in five years.
Canada's 産する／生じる curve inverted by the most in nearly two １０年間s, putting 圧力 on the Bank of Canada to 行為／法令／行動する. .
The talk of ECB 緩和 knocked the euro 支援する to a two-week low of $1.1082 and away from a 最高の，を越す of $1.1230 早期に in the week. It was last 負かす／撃墜する 0.2% at $1.1083, helping 解除する the dollar 索引 to 98.268 and off the week's low of 97.033.
The 崩壊（する） in 社債 産する／生じるs continued to make 非，不，無-利益／興味- 支払う／賃金ing gold look more attractive. It held at $1,512.7, just off a six- year 頂点（に達する）.
Oil prices rose. Brent 天然のまま 未来s 追加するd 1.39% to $59.04. U.S. 天然のまま rose 1.4% to $55.22 a バーレル／樽.
(報告（する）／憶測ing by Ritvik Carvalho; 付加 報告（する）／憶測ing by Dhara Ranasinghe in London; editing by Larry King)
