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Aug 18, 2012, 10.24 AM IST

World stocks rise on German backing for ECB action

MARKETS-GLOBAL-MERKEL-EUROZONE:World stocks rise on German backing for ECB action

Source: Reuters
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World stocks rise on German backing for ECB action
Global shares and the U.S. dollar advanced on Friday as apparent support from German Chancellor Angela Merkel for European Central Bank intervention to calm the euro zone's debt troubles lifted investor sentiment for a second day.


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