Global stocks steady, gold at six-month high as dollar slips

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LONDON/SYDNEY (Reuters) -Global equities were little changed on Monday as investors waited for key U.S. and European inflation data later in the week, while gold hit a six-month high as the dollar fell.. MSCIs index of world stocks was last down 0.04% after climbing for four straight weeks and notching a gain of around 8.7% this month...

Global stocks have surged in recent weeks as bond yields dropped, with cooling inflation in developed economies boosting investors expectations that central banks are finished raising interest rates and might soon be cutting them...

The (U.S. Federal Reserve) minutes came out (last week) and revealed what everyone already knew: which is that, at least at the moment, theyre done or are on pause and as a result stocks and bonds are both rallying, said Duncan MacInnes, investment director at investment company Ruffer...

Investors were looking ahead to Thursdays release of the Feds preferred measure of inflation and euro zone consumer inflation figures, which could give markets direction after last weeks Thanksgiving lull...

European Central Bank President Christine Lagarde is due to address the European Parliament on Monday.. Its been a quiet day, maybe people are consolidating a bit, said Julian Howard, a multi-asset investment director at asset manager GAM...

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