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NEW YORK, Feb 28- Global equity markets and crude oil rose on Wednesday, pulled higher by encouraging U.S. economic data and renewed confidence that major central banks will keep taking steps to support the global economy.
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MADRID, Feb 28- Spain said it will not need new austerity measures this year after its public deficit beat forecasts of economists who had expected a deeper effect from a prolonged recession.
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BERLIN, Feb 28- German annual inflation eased to its lowest level in more than two years in February, coming in below the European Central Bank's target for a second straight month, data showed on Thursday.
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AMSTERDAM, Feb 28- The Dutch government finally conceded on Thursday it would not meet the budget deficit target set by the European Union this year given the bleak state of the economy and limited scope for even more unpopular cutbacks.
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*Germany hoping domestic demand will offset weaker exports. BERLIN, Feb 28- The number of Germans out of work fell in February and the jobless rate remained close to a post-reunification low, bolstering hopes that domestic demand will help support growth in Europe's largest economy.
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TOKYO, Feb 28- Prime Minister Shinzo Abe nominated an advocate of aggressive policy action to head the Bank of Japan, challenging the opposition to back his push for radical action as officials warned a nascent economic upturn could easily be derailed.
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MADRID, Feb 28- Spain said on Thursday it will not need new austerity measures this year after its public deficit beat forecasts of a deeper effect from prolonged recession.
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NEW YORK, Feb 28- Global equity markets and Brent crude oil rose on Thursday, pulled higher by encouraging U.S. economic data and renewed confidence that major central banks will keep taking steps to support the global economy.
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SINGAPORE, Feb 28- Gold traded little changed on Thursday, but was headed for its longest stretch of monthly declines in more than 16 years as its safe-haven appeal has dimmed with the global economy showing signs of recovery.
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SINGAPORE, Feb 28- U.S. crude futures inched towards $93 a barrel on Thursday after the Federal Reserve reaffirmed its commitment to existing stimulus measures, while robust U.S. economic data also bolstered the outlook for demand in the world's largest energy consumer. *U.S. crude for April delivery had climbed 21 cents to $92.97 a barrel by 2325 GMT.
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*MSCI Asia ex- Japan up 0.4 pct, Nikkei opens up 1.3 pct. "Even if the' sequestration' budget cuts come to pass in the U.S., the immediate effects could be offset by monetary easing since Federal Reserve Chairman Bernanke has expressed the Fed's commitment to monetary easing," said Sun Yoo, an economist at Woori Investment& Securities.
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*Priceline.com gains after results, Target lower. NEW YORK, Feb 27- U.S. stocks rose 1 percent on Wednesday, erasing much of the week's losses as Federal Reserve Chairman Ben Bernanke remained steadfast in his support of the Fed's stimulus policy and data pointed to economic improvement.
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CAPE TOWN, Feb 27- Subdued European demand for its exports forced South Africa to cut its 2013 economic growth forecast on Wednesday, while missed revenue targets looked to be creating a wider budget deficit than first thought.
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*Fed chief reaffirms support for easy monetary policy. NEW YORK, Feb 27- U.S. stocks rose 1 percent on Wednesday as Federal Reserve Chairman Ben Bernanke remained steadfast in his support of the Fed's stimulus policy and data pointed to economic improvement.
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CAPE TOWN, Feb 27- Subdued European demand for its exports forced South Africa to cut its 2013 economic growth forecast on Wednesday, while missed revenue targets looked to be creating a wider budget deficit than first thought.
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LONDON, Feb 27- Copper edged up on Wednesday for a second day after confidence climbed in the euro zone and the U.S. Federal Reserve reassured investors about monetary stimulus, outweighing concerns about Italy's political deadlock.
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NEW YORK, Feb 27- Global stock indexes rose on Wednesday as Federal Reserve Chairman Ben Bernanke reaffirmed his strong support for the Fed's stimulus efforts, while the euro edged up after solid demand at an auction of Italian government debt.
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BERLIN/ DUBLIN, Feb 27- Euro zone governments are discussing ways to help Portugal and Ireland return to the capital markets swiftly and have voiced a preference for delaying the repayment of bailout loans to the two states, sources familiar with discussions said on Wednesday.
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TOKYO, Feb 27- Asian shares rebounded on Wednesday, tracking U.S. stocks higher as the Federal Reserve Bank reassured markets of its commitment to strong monetary stimulus, but investors remained wary of political gridlock in Italy reigniting the euro zone financial crisis.
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*Goldman Sachs cuts gold price forecasts for 2013, 2014. LONDON, Feb 26- Gold rose decisively above $1,610 per ounce on Tuesday after testimony from Federal Reserve chief Ben Bernanke defended its bond-buying programme, easing market concern about a premature end to quantitative easing.