GLOBAL MARKETS-Stocks rise as US-Chinese phone calls boost optimism and euro wins – Reuters Africa

GLOBAL MARKETS-Stocks rise as US-Chinese phone calls boost optimism and euro wins – Reuters Africa

(Add oil, gold settlement prices)

* Apple stocks, poor consumer confidence weighs on Wall Street

* Oil prices rise following production cuts caused by the storm

* German consumer confidence data boosts the euro

By Herbert Lash

NEW YORK, Aug. 25 (Reuters) – The euro rose on Tuesday on better-than-expected sentiment data Chinese trade officials fueled optimism.

Gold prices fell as positive…

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