* Stocks dip again globally after Wednesday selloff
* European shares up, Wall Street outlook mixed
* Euro weakness boosts dollar
* Oil falls for third session on economy fears
By Jeremy Gaunt, European Investment Correspondent
LONDON, Aug 12 (Reuters) - Financial markets regained some
composure on Thursday after the previous session's broad selloff
of riskier assets, with European shares inching up but the euro
hurt by new worries about some of its weaker member economies.
Wall Street looked set for a mixed start, with buying
interest mainly on blue chips stocks.
Asian stock markets, catching up with Wednesday's moves in
the West, slid to a near three-week low.
The resulting mix took world stocks as measured by MSCI
<.MIWD00000PUS> and Thomson Reuters <.TRXFLDGLPU> down roughly
0.3 percent, compared with Wednesday's loss of around 2.8
percent.
The pan-European FTSEurofirst 300 <>, however, was up
half a percent. This came despite weaker-than-expected Greek
growth figures and unemployment data that posted a record jump,
reinforcing concerns over peripheral euro zone economies.
Wednesday's sell-off was prompted by growing doubts about
global economic growth. The U.S. economy, in particular, is
showing signs of stumbling, prompting the U.S. Federal Reserve
to take steps to hold down borrowing costs.
A spate of data from China has also confirmed its rapid
imports and factory output growth to be slowing.
"We could see economies relapse and double dip or struggle
through and begin to grow with private demand starting to carry
their weight," said Peter Elston, strategist at Aberdeen Asset
Management in Singapore.
"It is very unclear which of those two we are going to get."
Global economic worries also preyed on the oil market, where
crude slid for a third day.
U.S. crude <CLc1> for September delivery fell 82 cents or
more than 1 percent to $77.20 a barrel, extending its decline
following a 3 percent fall on Wednesday, its biggest drop in six
weeks.
Earlier, Japan's Nikkei <> closed down nearly 0.9
percent.
EURO LIFTS DOLLAR
The dollar recovered earlier losses to gain a third of a
percent versus a basket of currencies <.DXY>, mainly as a result
of euro weakness. The U.S. currency posted its biggest one-day
gain in two years on Wednesday.
The euro was trading flat to lower versus the dollar <EUR=>
at $1.2829 after the Greek data. It had fallen more than 2
percent on Wednesday on a widening in euro zone peripheral
spreads and a broad strengthening in the dollar.
German government bonds were also flat to lower.
(Additional reporting by Umesh Desai; editing by Patrick
Graham)
