Stocks at three-week highs on stimulus hopes
LONDON (Reuters) – Global stocks rose to their highest in more than three weeks on Monday, underpinned by expectations that the U. S. Federal Reserve and European Central Bank will provide stimulus to support their struggling economies. Inflows into safe-haven German government bonds waned, keeping prices close to three-week lows after ECB President Mario Draghi said the central bank would do whatever it takes to preserve the euro, a message echoed by German Chancellor Angela Merkel and French President Francois Hollande. . . .
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