Stocks in Europe higher despite China sell-off

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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

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