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    * China monetary easing had been expected, priced in. * Expectations of narrower copper surplus lift sentiment. By Pratima Desai. Copper jumped to a three-week high on Monday after China eased monetary policy to stimulate a slowing economy, only for prices to reverse as hopes of stronger demand receded.

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    With only a few weeks to go to the U.K. general election, polls show the race between the main parties is too close to call-- and that means likely volatility for the pound. Here's what market-watchers have to say about what might happen if the Labour Party takes most votes. After well-received appearances by leader Ed Miliband, Labour's chances of winning outright may have increased.

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    The Greek government has ordered state agencies and local government entities to transfer their cash reserves to the central bank, according to news reports Monday, with the move coming as Greece races to service its mounting debt. Greece is at risk of running out of cash as talks with its international creditors about implementation of required economic reforms have moved slowly. Yields on Greek bonds rose further Monday afternoon as bond prices fell.

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    * Solid corporate results push shares higher. * Euro slips against dollar on Greece default worries. * Euro debt yields continue fall and turn negative. By Herbert Lash. Global equity markets snapped back on Monday from a worldwide decline the previous session on China's steps to stimulate its economy and solid corporate earnings, while the euro weakened amid worries that Greece may default.

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    German 10-year borrowing costs resumed a fall towards zero on Monday with worries about Greece exiting the euro zone increasing demand for top-rated assets and the European Central Bank's bond-buying programme crushing yields. Yields were vanishing across the euro zone.

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    SHANGHAI-- Struggling Chinese property developer Kaisa Group Holdings Ltd on Monday said it has defaulted on interest payments on its offshore bonds amid debt-restructuring talks with its creditors. Kaisa didn't make a scheduled payment of $16.1 million on its $250 million 2017 notes that was due March 18, nor did it make the payment of $35.5 million on two 2018 notes that was due March 19, the Shenzhen-based developer said in a statement posted on the Hong Kong stock exchange...

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    * Tasnee, United Electronics disappoint Saudi investors. * But Saudi Telecom, Savola jump on positive Q1 earnings. * Dubai's DAMAC surges to record high ahead of earnings, dividend. * Industries Qatar falls after profit slump. * Egypt extends losses. By Olzhas Auyezov.

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    Emerging-market bonds are being submerged in investors' worries. Facing rising corporate defaults from Brazil to China to Ukraine, some portfolio managers are selling debt issued by emerging-market companies. Since 2009, the market for emerging-market corporate bonds denominated in dollars and other hard currencies has more than doubled to $1.5 trillion, overtaking the amount of U.S. high-yield bonds outstanding.

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    Stocks extended gains by late morning Monday as markets enjoyed a broad rally and commodities markets spiked. Crude oil rallied after China launched its latest stimulus measures on Sunday in a move to combat economic growth at six-year lows.

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    Canada's main stock index opened broadly higher on Monday as financial stocks rebounded after Friday's losses and energy stocks gained. The Toronto Stock Exchange's S&P/TSX composite index rose 42.96 points, or 0.28 percent, to 15,403.51 shortly after the open.

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    Spring meetings lack any drama despite Greece and China. The most dramatic feature of the weekend spring meetings of the World Bank and International Monetary Fund in Washington was the absence of drama. There are plenty of possible disturbances in the world economy-- expectations of possible tumult from a rise in U.S. interest rates, the slowdown in the Chinese economy, and the likelihood of a Greek default on European Central Bank and IMF loans-- but little of this was aired in any...

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    NEW YORK-- European Central Bank Governing Council member Ewald Nowotny on Monday said a Greek exit from the euro wouldn't have the same impact as it would have had two years ago. In an interview on CNBC, the head of Austria's central bank said "time was running out" for Greece and its creditors to agree to a deal. Greek Finance Minister Yanis Varoufakis over the weekend warned that a Greek exit from the shared currency would bring the as investors question whether other countries would...

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    * Euro broadly weaker but still holding above $1.07. * Concerns over Greece weigh. * Aussie & kiwi fall back after boost from Chinese stimulus. * Dollar up 0.3 percent vs basket of major currencies. By Patrick Graham. The euro slid just over half a percent against the dollar in a slack start to the week on Monday dominated by the fallout of new economic stimulus in China and concerns over Greece.

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    Grexit risk at highest it is ever been-- Barclays. If the financial market is a good predictor, you'd better brace for a Greek default. Borrowing costs on Greece's government bonds have rallied back to levels not seen since 2012, the cost of insuring against a default has surged and investors are moving into safer assets in the eurozone, such as German bonds and equities.

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    European markets roared back to life on Monday, led by rallies in mining and telecom stocks across the region. All major indices were up, with the DAX gaining 1.10% to 11,817.82 in Frankfurt, the FTSE 100 adding 0.71% to 7,044.24 in London, and the CAC 40 0.47% higher in Paris by late morning.

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    German 10-year borrowing costs resumed a fall towards zero on Monday, with worries about Greece exiting the euro zone increasing demand for top-rated assets and with the ECB's bond-buying programme quashes yields. Yields were vanishing across the euro zone. Demand was 1.68 times the offer, despite the average yield being minus 0.056 percent.

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    Shanghai stocks end volatile session sharply lower. Hong Kong stocks on Monday suffered their biggest percentage decline in four months, as worries over China's new rules to curb margin trading and boost short-selling offset the central bank's latest move to relax monetary policy and spur economic growth. The Hang Seng Index declined 2% to close at 27,094.93, down the most since early December.