Stock markets veer up as gringo dollar retreats


European shares surged on reports that China was set to ease some of its tough Covid curbs and despite weak eurozone survey data.

The pan-European Stoxx 600 index was up 1.81% at 416.98, alongside a 2.51% advance for the German Dax to 13,459.85, although Spain's Ibex 35 trailed behind with a...