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GLOBAL MARKETS-Trade conflict looms but higher rates, oil prices...

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GLOBAL MARKETS-Trade conflict looms but higher rates, oil prices...

* Report says Trump proceeding with tariffs on China * Emerging market stocks rise after Turkey rate hike * Oil rises, helping energy shares (Updates with forthcoming U.S. tariffs on China) By Trevor Hunnicutt NEW YORK, Sept 14 (Reuters) - A world stock index climbed as bank and energy shares rose on Friday, but the momentum was sapped by a report that Washington may fire a new salvo in its trade dispute with Beijing. U.S. President Donald Trump has directed aides to place U.S. tariffs on about $200 billion of Chinese goods, according to a person familiar with the matter. Bloomberg News first reported Trump’s action. That news deflated the confidence of investors, who earlier pushed the MSCI