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Still, all three main indexes in New York chalked up much-needed gains, while London ended at a record high as the Bank of England is seen cutting interest rates soon thanks to cooling inflation.Hong Kong piled on more than one percent, while Tokyo, Sydney, Seoul, Singapore, Taipei, Manila and Jakarta were also enjoying buying action. Shanghai and Wellington struggled.
"These releases will be crucial in determining whether the Fed maintains its current policy stance, keeping rates higher for longer."
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