Stocks, euro rise on recovery hopes; U.S.-China rift lifts gold

NEW YORK (Reuters) - Global equity markets climbed on Thursday on optimism for a speedy economic recovery and a massive stimulus plan in Europe helped lift regional stocks and the euro, while gold rebounded on a safety bid on deteriorating U.S.-China relations. Oil futures rose, reversing earlier losses, on signs U.S. gasoline demand is increasing despite a big surprise build in crude inventories and worries that China's new security law for Hong Kong could result in demand-dampening trade..