* MSCI World share index +0.3% in fourth straight week of gains China blue-chips +1.6% after Caixin PMI provides positive surprise * Chinese officials doubtful on long-term trade deal with US * By Marc Jones LONDON, Nov 1 (Reuters) – World shares were eyeing two-year highs and a fourth straight week of gains on Friday as the third U.S. interest rate cut of the year and a surprise bounce in Chinese manufacturing activity eclipsed a blizzard of otherwise sickly global data. Reports of more U.S.-China trade difficulties, impeachment strains on Washington, the first day at the ECB without Mario Draghi and monthly U.S. jobs figures were all in the mix too, but markets marched on. Europe’s STOXX 600 index started 0.3% higher, led by a 0.4% rise in Germany’s China-exposed firms after the overnight news that China’s factory activity expanded at its fastest pace in more than two years last month. That had helped Asia too. Chinese blue chips jumped 1.7% in their best day since mid-August, Seoul’s Kospi rose 0.77% and Hong Kong’s Hang Seng added 0.65% despite data confirming protests there had pushed city into its first recession in a decade. “The (Chinese) numbers are good given it… Read full this story
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