LONDON/SINGAPORE, Nov 28 - European shares ticked up along with the dollar on Thursday after both fell the previous day, while Asian stocks slipped, as trading volumes thinned ahead of the U.S. Thanksgiving holiday.
Data on Wednesday showed U.S. consumer spending increased in October but the Federal Reserve's preferred measure of inflation ticked up to 2.3% in October, from 2.1% the previous month. The dollar index , which measures the U.S. currency against six rivals, was 0.1% higher at 106.22 after dropping 0.7% in the previous session.
The yen was 0.4% lower at 151.69 per dollar after rallying to a one-month high in the previous session. The Asian currency is headed for its strongest week since early September on growing expectations of a rate hike from the Bank of Japan next month.
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