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» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
» Recap: Asian stock markets changed little as investors awaited US jobs data, crucial information for the US Federal Reserve in deciding on its first rate hike in years. However, banking stocks were under selling pressure on investor concerns that larger loan-loss provisions to cushion against rising non-performing loans could erode third-quarter profits.
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