* U.S., European shares edge up, but Fed uncertainty capsgains
* Robust China trade data a promising sign for global growth
* Japanese shares jump as yen hits 5-year trough on euro
* Bonds steady, euro at six-week high vs dollar
By Wanfeng Zhou
NEW YORK, Dec 9 (Reuters) - Stock markets worldwide rose onMonday and the euro climbed to a six-week high against thedollar after Chinese trade and inflation data boosted optimismabout the global economy.
Gains in U.S. stocks were limited as investors looked tospeeches from top Federal Reserve officials later in the day forclues on whether Friday's strong U.S. jobs data could prompt theU.S. central bank to start reducing bond buying this month.
China's exports handily beat forecasts in November, addingto evidence of a stabilization in the world's second-largesteconomy, while an unexpected drop in consumer inflation easedfears of any imminent policy tightening.
The latest solid data from major economies has boostedconfidence that the global economy is recovering well enough towithstand a scale-back in Fed stimulus, though uncertainty aboutthe timing and impact of a move could keep a lid on markets intoyear's end.
"The strong labor data out of the U.S. and the robust tradebalance numbers from China suggest that global growth may bebetter than consensus view," said Boris Schlossberg, managingdirector of FX strategy at BK Asset Management in New York.
The MSCI world equity index, which tracksshares in 45 countries, rose 0.4 percent.
The Dow Jones industrial average slipped 0.29 point,or 0.00 percent, at 16,019.91. The Standard & Poor's 500 Index was up 2.57 points, or 0.14 percent, at 1,807.66. TheNasdaq Composite Index was up 7.02 points, or 0.17percent, at 4,069.54.
Richmond Fed President Jeffrey Lacker will speak at aneconomic outlook conference in Charlotte, North Carolina, at12:30 p.m. EST (1730 GMT). Later, St. Louis Fed President JamesBullard and Dallas Fed President Richard Fisher also speak.
"Today's economic calendar is light, but several FederalReserve officials are slated for speeches, keeping the debateover the Fed's tapering timeline alive and well," said TonyVenosa, senior options strategist at Schaeffer's InvestmentResearch in Cincinnati, Ohio.
European shares edged up 0.06 percent, whileTokyo's Nikkei climbed 2.3 percent.
The Fed will start reducing its massive bond-buying programno later than March, according to a Reuters poll on Friday afterthe strong jobs data, with a handful of Wall Street firmsexpecting it to take action as early as December.
The Fed has had considerable success in persuading investorsthat tapering is not tightening, and that interest rates willremain low for a long time to come.
The benchmark 10-year U.S. Treasury note was up11/32, the yield at 2.8389 percent.
The euro rose as high as $1.3729, according toReuters data, as short-term interest rates in the euro zonemoney market edged up after the European Central Bank last weekdented speculation of any imminent easing.
Against the yen, the euro climbed to 141.56,reaching highs not seen since October 2008. It was last tradingat 141.38 yen, up 0.3 percent on the day.
The dollar gained 0.2 percent to 103.11 yen, not farfrom the six-month peak of 103.37 set last Tuesday. The yencontinued to underperform on the Bank of Japan's ultra-loosemonetary policy and the pick-up in risk appetite.
Strong Chinese data helped lift copper prices, whilespot gold rose to $1,237.36 an ounce from $1,228.24.
Brent futures fell $1.47 a barrel to $110.14. U.S.crude was down 6 cents at $97.59.
Emerging market attention remained on Thailand after PrimeMinister Yingluck Shinawatra called snaps elections in anattempt to defuse the country's tensions.
The Thai baht rose almost 1 percent versus the dollarinitially, only to backslide along with Bangkok shares as anti-government protest leaders vowed to fight on.
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