Stocks in Europe higher despite China sell-off

Source: CNBC
European equity markets jumped on Monday, ignoring the high volatility in Asian stocks and worries over Chinese economy. Germany's DAX index increased 1.13%, the UK's FTSE 100 index rallied 1.09%, while the French CAC gained 1.18%. The pan-European Stoxx 50 index added 1.12%. Among main gainers were shares of commodity trader Glencore, which soared by 12% after company unveiled its plans for a debt-cutting program. 
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Mon, 07 Sep 2015 11:20:13 GMT

Sterling recovers versus US Dollar on empty day of economic data

The Pound advanced against the Greenback on Monday, recovering from a four-month low. However, today's trading is expected to be in a narrow range due to a lack of fundamentals and the US Labour Day holiday. The Cable was trading 0.42% higher at $1.5230 by 08:27 AM GMT, after falling to a fresh four-month low at $1.5156 at the end

Mon, 07 Sep 2015 09:15:13 GMT

Kiwi lower versus Greenback after Friday's US jobs data

The New Zealand Dollar slipped against the Greenback on Monday, as the US labour data release on Friday showed basically positive results and put more pressure on commodity currencies, even though the US payrolls missed estimates. The NZD/USD pair was traded 0.24% lower at $0.6271 by 07:40 AM GMT. Meanwhile, the Fed's rate hike prospects in September remains on the

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