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China Stocks Extend Rout; Oil Drops As Euro Swings Before Vote
Yields on 10-year Japanese bonds fell three basis points after Treasuries rallied on a weaker-than-estimated jobs report. China pledged to “strictly” punish stock manipulation as markets continued to sell off even after margin-trading rules were eased, interest rates were cut and pension funds were given permission to buy stocks. ... Read News
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European Stocks Decline As German Bunds Rise Before Referendum
The Stoxx Europe 600 Index decreased 0.5 percent at the close of trading, while the yield on Germany’s 10-year bund dropped five basis points to 0.79 percent. Standard & Poor’s 500 Index E-mini contracts expiring in September dropped 0.1 percent as U.S. markets were shut for a holiday. The MSCI Emerging Markets Index slid 0.7 percent in New York as Chinese shares posted their biggest three-week ... Read News
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