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World stocks halt rally, BoE jolts UK markets

Aug 21, 2014    

LONDON (Reuters) - World stocks mostly halted their recent rally on Wednesday before the latest policy signal from the U.S. central bank, while UK stocks and bonds fell after Bank of England minutes showed two rate-setters voted to raise interest rates earlier this month.Sterling jumped after the BoE minutes showed two of the nine policymakers unexpectedly voted to raise rates, while record-low money-market rates in the euro zone took the euro to its weakest against the dollar in almost a year.Stocks had risen this week after strong U.S. housing data and lower-than-expected UK inflation figure...

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