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April 25, 2017

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Business > Global Markets
European markets largely followed the U.S. and Asia in turning lower Thursday, as investors were spooked by Federal Reserve minutes showing it is mulling plans to tighten monetary policy by sucking cash out of the financial system.
 
European stock markets diverged Wednesday, in the wake of regional service-sector data, as all eyes turned to the minutes of the U.S. Federal Reserve's latest interest-rate meeting.
 
Most European and Asian stock markets dipped on Tuesday, with investors spooked by Russia's deadly subway explosion and a looming U.S.-China summit, dealers said.
 
The German stock market rose close to a record pinnacle on Monday, buoyed by bright eurozone economic data, dealers said.
 
Chile president vows to fight for Asia-Pacific trade deal
Chilean President Michelle Bachelet said Wednesday that Latin America will spearhead efforts to boost Asia-Pacific trade after U.S. President Donald Trump killed the highly touted Trans-Pacific Partnership (TPP).
 
Europe's main stock markets steadied Thursday as investors mull the outlook for U.S. President Donald Trump's economic agenda and Britain's Brexit negotiations with the European Union.
 
Asian markets extended the previous day's rally on Wednesday while the dollar also built on its New York gains that came after a strong U.S. consumer confidence survey reinforced the view of a strong economy.
 
Stock markets rebounded Tuesday, with investors still banking on Donald Trump being able to push through his economy-boosting agenda despite last week's health care debacle.
 
Stock markets dropped Monday and the dollar slid against rivals on concerns that the collapse of U.S. President Donald Trump's repeal of Obamacare could leave him struggling to push through his promised tax-cut and infrastructure spending policies.
 
Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or "knowledge-based" jobs.
 
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