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World Stock Markets Mixed In Quieter Overnight Trading
(Kitco News) – Asian shares were weaker overnight, while European stocks were mostly firmer. There has been a lack of major, markets-moving news in the marketplace this week. The Chinese stock market led the Asian declines, as China’s central bank continues to squeeze short-term interest rates higher.
China’s government wants to clamp down on business speculation by tightening its money supply. U.S. stock indexes are pointed toward modestly lower openings when the New York day session begins.
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