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Business Maverick: Stocks mixed with China, Adani and Fed in limelight: markets wrap

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Stocks were mixed in choppy trading on Monday as investors split their attention between the reopening of markets in mainland China, the plunge in Adani Group assets and looming interest rate decisions in the US and Europe.

showed US inflation expectations continued to retreat in late January, helping boost consumer sentiment.

The European Central Bank and the Bank of England are each projected to hike by a half basis point when they deliver decisions a day after the Fed. Elsewhere in markets, a gauge of dollar strength was little changed on Monday and G10 currencies traded in relatively narrow ranges. The onshore yuan rallied in a catchup move.

 

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