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• European equities open higher Monday morning as investors continue to digest a stronger-than-expected jobs report in the U.S.
The pan-European Stoxx 600 was 0.23 percent higher with every sector trading in positive territory.
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• A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites globally.
MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 1.3 percent, poised for a third session of gains.
• Japan’s Nikkei share average rose to a week high on Monday helped by tech shares, but early gains were trimmed as a suspected cronyism scandal dampened sentiment.1-1/2-
The Nikkei ended 1.7 percent higher at 21,824.03 points, the highest closing level since Feb. 28, but lower than an intraday high of 21,971.16.
• China stocks climbed for a third straight session on Monday, led by material firms, as trade war fears ebbed further and after a U.S. jobs report eased worries of inflation and faster rate hikes.
At the close, the Shanghai Composite index was up 0.6 percent at 3,326.70, while blue-chip CSI300 index was up 0.5 percent 4,127.67.
Reference: Reuters, CNBC
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