China rally triggers gains in European cyclical stocks

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European shares headed towards a one-month high on Monday, with a rally in China's markets setting an upbeat tone as investors banked on the world's second biggest economy to lead a recovery from the coronavirus-induced slump.

) were the top gainers, surging about 6% after reports that British Finance Minister Rishi Sunak planned to raise a property tax threshold, among other steps to reduce the economic toll of the health crisis. [.L]

Barratt said it was starting the new financial year with “cautious optimism” as its forward order book improved. Sonova , the world’s biggest hearing aid maker, rose 5.0% after saying it would close some stores and cut jobs as it expects first-half results to only partially recover from the pandemic hit.

Nordic banking group Nordea rose 3.0% after it agreed to buy the occupational and individual pension portfolios from Frende Livsforsikring AS. Swiss speciality chemicals group Clariant slumped 13.6% to the bottom of STOXX 600 on trading ex-dividend.Our Standards:

 

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New world engine starts

NASDAQ HITS ALL TIME HIGH! This is also worth reporting!

I think rally against China favoured Europian stocks ... But China is also doing great ...

False rises are all weighted stocks, and small stocks have not changed much

You must be joking.

Someone translate this in sports terms

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