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Stock impact report

World stocks at highest in over two weeks, China's yuan rallies [Reuters]

China Southern Airlines Company Limited (ZNH) 
US:NYSE Investor Relations: csair.com/en/about/investor
Company Research Source: Reuters
World stocks at highest in over two weeks, China's yuan rallies | Reuters 6 Min Read LONDON (Reuters) - World stocks rose to their highest level in over two weeks on Monday, following reassuring comments from the U.S. Federal Reserve chief, signs of progress on a U.S.-Mexico NAFTA trade deal and a bid by China’s central bank to stabilize the yuan. A stronger-than-expected German business sentiment survey added to the upbeat mood in Europe, with stock markets in Paris and Frankfurt up about 0.5 percent each .GDAXI .FCHI . British markets were closed for a public holiday, while U.S. stock futures ESc1 1YMc1 pointed to fresh gains on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1.1 percent and Japan's blue-chip Nikkei closed at a 10-week high .N225 . That left the MSCI All-Country World index .MIWD00000PUS, which tracks shares in 47 countries, at its highest level since Aug. 9. Comments from Fed chief Jerome Powell at the Jackson Hole sympos Show less Read more
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