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Euro Advances On China Stimulus Optimism

The euro moved up against its major counterparts in the European session on Monday, as risk sentiment improved after China announced new measures to step up support for the economy.

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Sensex, Nifty Erase Early Losses To End Higher

Indian shares recovered from an early slide to end higher on Monday, with IT and metal stocks leading the surge.

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European Shares Mostly Higher After EU Inflation, Growth Data

European stocks were flat to slightly higher on Monday after China's State Council announced further measures to bolster consumption and economic growth.

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FTSE 100 Marginally Lower Ahead Of Key EU Data

U.K. stocks were subdued on Monday ahead of key EU inflation and GDP data due out later in the day.

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CAC 40 Gains On China Stimulus Optimism

French stocks were a tad higher on Monday as weak Chinese data spurred hopes of more policy stimulus.

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DAX Marginally Higher Ahead Of Key Inflation And GDP Data

German stocks were little changed in cautious trade on Monday as investors awaited inflation and gross domestic product readings from the eurozone for directional cues. Meanwhile, German retail sales registered an unexpected fall in June, figures from Destatis revealed earlier today.

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Asian Shares Gain On China Stimulus Hopes

Asian stocks advanced on Monday as weak Chinese data spurred hopes of more policy stimulus and the Bank of Japan stepped into the bond market to influence rates.

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Yen Falls As Asian Shares Traded Higher

The Japanese yen weakened against other major currencies in the Asian session on Monday, as investors reacted positively to data showing the U.S. economy grew more than expected in the second quarter, which helped quell fears of an imminent recession.

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European Economic News Preview: Eurozone Flash GDP, Inflation Data Due

Flash inflation and quarterly national accounts from the euro area and mortgage approvals from the UK are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, Germany's statistical office Destatis is scheduled to issue retail sales and import prices for June. Economists forecast retail sales to fall 2.7 percent annually after a 3.6 percent drop in May.

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European Shares To Open Lower On Weak China Data

European stocks may drift lower on Monday as weak Chinese data revived worries about slowing growth in the world's second-largest economy.

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FDA Approves OTC Naloxone Nasal Spray RiVive For Opioid Overdose

The U.S. Food and Drug Administration approved Harm Reduction Therapeutics' RiVive, 3 milligram naloxone hydrochloride nasal spray for over-the-counter or OTC, nonprescription use for the emergency treatment of known or suspected opioid overdose. The agency's second nonprescription naloxone product approval is expected to help increase consumer access to naloxone without a prescription.

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