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Update news European stocks
Oil and stocks steadied on Wednesday and the dollar eased, as investors looked forward to less volatile trading, a day after world stocks recorded one of their biggest rallies in years and oil prices swung in a 10 percent range.
European shares prices rallied and the euro plummeted against the dollar on Thursday after the eurozone and British central banks signalled that easy-money policies to stimulate growth will continue for some time.
U.S. stocks rallied Wednesday, extending gains from the previous trading day, as an unexpected cut of the U.S. gross domestic product (GDP) for the first quarter of the year eased worries that the Federal Reserve may wind down
Europe's main stock markets were mixed but Frankfurt set yet another record on Thursday while the euro eased against the dollar as traders digested the Bank of England's keeping its main interest rate unchanged,