MILAN – Europe rises cautiously in a session with no clear direction for stock markets, mixed in Asia too Tokyo which ended slightly positively (+0.3%). “Investors are carefully watching producer price data coming out of the U.S., which “could be used to confirm or deny” the consumer inflation report, which came in above expectations earlier this week, said Matt Simpson, senior market strategist at City Index, at Bloomberg. China’s announcement of funds to encourage consumers and businesses to invest in new equipment and consumer goods to boost overall economic growth of 5% was not particularly impactful for markets.