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

thumbnailMatt Clinch


  • 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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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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