GLOBAL MARKETS-Shares, dollar skid on weak U.S. economic data
* Wall St slides on weak data, mixed bank earnings
* Dollar falls as weak U.S., Chinese data seen restraining Fed
* Bond yields dip after data suggests Fed to delay rate hike
* Oil eases falls below $50 on oversupply, China growth concern (Adds close of U.S. markets)
By Herbert Lash
NEW YORK, Oct 14 (Reuters) - Global equity markets slid for a second day and the dollar sank to a seven-week low on Wednesday as weak U.S. retail sales and a drop in producer prices boosted expectations the Federal Reserve will not raise interest rates until next year.
Mixed earnings from major U.S. banks, limp inflation figures from China and further declines in commodities also helped dampen the appetite for stocks and the dollar.
U.S. retail sales rose 0.1 percent last month as cheaper gasoline weighed on service station receipts, while sales in August were revised down to unchanged from a prior rise of 0.2 percent, the Commerce Department said.
In a separate report, producer prices fell 0.5 percent last month, the largest drop since January, the Labor Department said. The index fell 1.1 percent in the 12 months through September, its eighth straight 12-month decrease. Continuación...