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Global stock markets rose and the dollar slid on Monday as investors prepared for the U.S. presidential election and a potential Federal Reserve interest rate cut. Asian and Asia-Pacific markets saw gains, driven by expectations of Chinese stimulus measures and the upcoming China parliament meeting. The uncertainty surrounding the coin-toss U.S. election outcome has contributed to market volatility, with investors treading carefully. The Federal Reserve's anticipated rate cut later in the week is also influencing market movements.
The dollar fell and stocks struggled Monday as investors trod carefully ahead of a U.S. presidential election of great consequence for the global economy, with a U.S. Federal Reserve interest rate cut also expected later in the week. https://t.co/A7So6b24w4
Global stock markets rose and the dollar slid Monday as investors steel themselves for a coin-toss US presidential election, an interest rate decision and expected Chinese stimulus measures. https://t.co/1fdAZzCIAG
US dollar ticks lower as US election, likely Fed rate cut loom https://t.co/pYYuAkxu6J via @Reuters https://t.co/QSiMM7xkh7
