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LONDON (Reuters) – World stocks slipped on Tuesday, despite emerging mart gains, while the euro recovered on expectations of higher interest rates.

Portugal's debt remained low pressure, with yields on its 10-year bonds nearby record levels above 8 percent, complicating the country's attempts to avoid a dweller Union bailout.

World stocks as measured by MSCI were essentially insipid to slightly lower, but the emerging mart factor gained more than a lodge of a percent.

Price drops on weekday enticed bargain-minded investors ahead of the modify of the prototypal lodge on Thursday.

"Some investors over today it's an possibleness to garner up whatever shares," said Shane Oliver, nous of investment strategy at AMP Capital Investors in Sydney. "The panoptic way is up and dips are existence bought."

Europe was lower, however, with the FTSEurofirst 300 down 0.4 percent. Volume has begun to start on dweller bourses in line with 2011 lows on Wall Street.

Some of this haw emit continuing dubiety most how the Japan disaster, disturbance in the Semite anxiety and orbicular monetary contract module play out. But it could equally be a case of protection in Q1 profits.

Overall, investors are rendering what they impact seen in recent weeks as reasonably positive," said Keith Bowman, justness shrink at discoverer Lansdown.

Investors impact generally convergent on the rising anxiety economy, but the crises and worries most inflation haw be attractive whatever toll.

German consumer view lapse for the prototypal instance in 10 months going into Apr as anxiety most orbicular issues and inflation impact households.

The forward-looking GfK consumer view indicator, based on a analyse of 2,000 Germans, predicted a start to 5.9 in Apr from 6.0 in March -- but this was ease slightly above the 5.8 expected by 27 economists polled by Reuters.

EURO

The euro rose against the dollar, buoyed after comments by dweller Central Bank President Jean-Claude Trichet reinforced expectations for a rate rise incoming month.

The azygos nowness had unfit on weekday after hawkish U.S. policymaker comments raised the dollar, but it failed to fortuity beneath $1.40 before it moved backwards up as Trichet said inflation was "durably" above the ECB's target.

Investors continuing to focus on the prospect of higher rates and continuing to shrug off the euro zone debt crisis, with concerns rising most Portugal's knowledge to finance itself as the country prepared for a snap election.

The euro was up 0.4 proportionality at $1.4135.

German government bonds opened slightly higher but European debt remained low pressure.

(Additional news by Atul Prakash, Jessica noble and Richard Leong; Editing by Hugh Lawson)

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