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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 15, 2022.

European Shares Rise As Banks, HSBC Offset Weak Data

European shares edged up on Monday as a jump in banking stocks after HSBC's strong results offset fears of a global economic slowdown fanned by disappointing Chinese economic data and figures showing contraction in euro zone manufacturing activity.
FILE PHOTO - Pedestrians wearing protective masks, amid the coronavirus disease (COVID-19) outbreak, are reflected on an electronic board displaying various company’s stock prices outside a brokerage in Tokyo, Japan, February 25, 2022.

Asia Shares Stay Sluggish, Dollar Resumes Retreat

Asian shares were sluggish on Monday as disappointing Chinese economic data fed doubts Wall Street's rally could be sustained, while the dollar continued its retreat on the yen as speculators were forced out of suddenly unprofitable short positions.

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