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Global markets rally after Trump retreat: Stocks, dollar and bonds up as White House eases stance on trade and Fed

Global markets rally after Trump retreat: Stocks, dollar and bonds up as White House eases stance on trade and Fed
London's FTSE 100 index of blue-chip stocks closed 0.9% higher last night while Germany's Dax was up 3.1% and the CAC 40 in Paris jumped 2.1%.

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