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Stocks, euro pressured ahead of German auction

From reuters.com

Nerves ahead of a German debt auction helped put European stock markets in negative territory early on Wednesday and halted a surge for the euro after its biggest one-day gain in nearly two months. The single currency was helped by U.S. and European manufacturing surveys which were broadly better than expected and showed American factories growing at their fastest pace in six months in December, lifting world markets. The MSCI world equity index .MIWD00000PUS stood at its highest level in a month on Wednesday, helped by gains for Asian markets. But European shares snapped a four-day rally at the open, edging lower on ... (full story)

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