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European stocks set to open higher, reflecting wider optimism in global markets

Holly Ellyatt

European markets are heading for a positive start to trading Tuesday as traders look ahead to a busy day of earnings reports in the region.

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Gold gains on soft dollar, rate cut hopes

Reuters

Gold prices climbed more than 1% on Monday, as the U.S. dollar weakened after softer-than-expected U.S. jobs data fueled expectations of potential interest rate cuts by the Federal Reserve later this year.

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Asia markets extend gains on rate cut optimism; RBA decision in focus

Lim Hui Jie

Asia-Pacific markets climbed on Tuesday, extending gains from the previous session, as Wall Street rose overnight on expectations that the Federal Reserve will cut interest rates.

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European markets rise with global sentiment stable after U.S. jobs data; UK’s FTSE closed

thumbnailMatt Clinch

KEY POINTS

  • European markets advanced Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.

  • Friday’s U.S. nonfarm payrolls report showed 175,000 jobs were added in April, below the 240,000 jobs expected by economists surveyed by Dow Jones.

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Gold rises on Fed rate cut hopes, Middle East tensions

Reuters

Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullion’s appeal.

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Asia stocks track Wall Street gains as softer-than-expected U.S. jobs data fuels rate cut hopes

Lim Hui Jie

Asia-Pacific markets tracked Wall Street gains on Monday as a softer-than-expected U.S. jobs report fueled hopes that the Federal Reserve could start cutting rates soon.

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