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World shares advance and oil prices fall as worries over inflation ease
Global markets rallied after U.S. employers added 254,000 jobs, a figure that officials said helped reduce concerns regarding future interest rate hikes.
World shares have advanced at the start of a busy week for U.S. economic updates. Easing worries over inflation have reduced the likelihood of another rate hike by the Federal Reserve. But gains were moderate overall in the absence of…
World exchanges advanced on Mondays, while oil was cheaper, on the basis of decreasing inflation fears and expectations that the US Federal Reserve might avoid further increases in interest rates.