GLOBAL MARKETS - World Stocks Dip, European Shares Jump on ECB Rate Cut Hopes

GLOBAL MARKET - LONDON/SYDNEY. World equities dithered at four-week lows on Monday, pressured by falling stocks in Asia, while European shares climbed on the prospect of an ECB rate cut on Thursday, government bond yields rose, and oil recovered from last week's beating.

MSCI's gauge of stocks around the globe fell 1.94 points or 0.24% to its lowest level in almost a month, while Europe's STOXX 600 index rose 0.61%.

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