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World Stocks Rise on Rate Cut Bets, Inflation Cooling
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World stocks continue to rise as rate cut bets increase, with the MSCI world equity index reaching its highest since mid-September. Inflation readings in the U.K. and Europe cool, reinforcing bets of rate cuts. The dollar sputters after a softer U.S. inflation print, while interest rate futures price in a rate cut by the Fed as early as May. Asian stocks jumped, with China's retail spending picking up in October.
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How might rate cuts impact global financial markets?
How might the sputtering dollar and rate cut bets affect international trade?
What are the potential implications of cooling inflation readings in the U.K. and Europe?
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