European Shares at 2-Month High
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European shares inched up to fresh two-month highs on Monday as optimism grew that the U.S. economy was doing well, helping to lift beaten-down sectors such as technology and insurers.
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The dollar held near a two-month high  against the euro on Wednesday, supported by data that showed  capital flows into the United States in November were more than  enough to fund its huge trade deficit.
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A decline in the price of oil helped  lift U.S. stocks to their highest level in two-months on  Tuesday.
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European shares crept to a two-month  closing high on Monday, boosted by tech stocks and other  sectors most exposed to the global economic cycle but trade was  lackluster with the United States on holiday.
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European shares surged to new 5-1/2 year highs early on Wednesday as an overnight surge in oil prices lifted heavily-weighted energy shares, helping offset fears of an earnings slowdown at Credit Agricole .
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European shares closed at 2-1/2 year  highs Friday in the truncated final session before Christmas,  led by gains in oil stocks such as BP.
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European equities hit new 5&frac12;-year highs on Thursday in a broad advance led by heavyweight banking, oil and mining stocks.
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The dollar jumped to a two-month high  against the euro on Tuesday as the market swung its attention  back to rising U.S. interest rates, a thin ray of light in the  dollar's overall weakening trend.
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European stocks rose Monday as the euro retreated from record highs against the dollar and merger speculation and cost-cutting agendas among Europe's largest companies drew attention.
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European stocks touched two-month highs on Monday as tech shares rallied after STMicroelectronics   stuck to its full year forecast while government bond yields firmed on continuing speculation about rate hikes.
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The dollar hit a two-month high against  the euro on Tuesday as expectations grew that Federal Reserve  officials speaking later may add to recent signals that the  United States could accelerate the pace of interest rates  increases.
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The dollar rose to two-month highs  against the euro on Wednesday, as markets digested an inflation  report that reaffirmed market expectations for  future U.S.  interest rate rises.
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European shares posted their best levels in nearly two weeks, led by pleasing restructuring and earnings news from oil giant Royal Dutch/Shell, but sharp losses among basic producers capped market gains.
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European shares rose to 29-month highs on Wednesday while the dollar came under modest pressure despite a rate hike, and reassuring words, from the Federal Reserve.
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Technology stocks climbed near a  2-month high on Monday, as investors seeing value in a battered  group bought software and semiconductor shares, while higher  crude oil prices limited blue-chip gains.
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European shares stormed toward 2 1/2-year highs Monday as relief that the Iraq elections went better than expected helped to ease investor jitters, pressuring oil, gold and bonds and lifting the dollar.
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The pound breaches $2 - close to record highs - in early trade in Europe as investors price in an interest rate rise in July.