- One year later, Israeli hostage family learns of loss
- Texans receiver Collins, Pats' safety Peppers out for NFL clash
- Biden-Netanyahu talk as Hezbollah, Israeli forces clash
- Musk's X available again in Brazil after 40-day ban
- Reddy stars as India crush Bangladesh to clinch T20 series
- Nobel winners hope protein work will spur 'incredible' breakthroughs
- What are proteins again? Nobel-winning chemistry explained
- Arch rivals Ghana, Nigeria drawn together in CHAN qualifying
- AI steps into science limelight with Nobel wins
- Trump lauds India's Modi as 'total killer'
- Wall Street, Europe rise as Chinese shares tumble
- Hunkering down for Hurricane Milton at Disney -- but first, a few rides
- Reddy, Rinku power India to 221-9 in second Bangladesh T20
- Overshooting 1.5C risks 'irreversible' climate impact: study
- Time running out in Florida to flee Hurricane Milton
- Demis Hassabis, from chess prodigy to Nobel-winning AI pioneer
- The long walk for water in the parched Colombian Amazon
- Biden-Netanyahu to talk as Hezbollah, Israeli forces clash
- France vows to step up drugs fight after police vehicles torched
- Air France says jet flew over Iraq during Iran attack on Israel
- Activists target Picasso work to protest Israel arms sales
- Let 'Emily in Paris' remain in Paris, Macron says
- Global stocks diverge as Chinese shares tumble
- Time runs out in Florida to flee Hurricane Milton
- Chad issues warning ahead of more devastating floods
- Record-breaking Root helps England dominate Pakistan in first Test
- German govt sees economy shrinking again in 2024
- Ex-UK soldier denies passing secrets to Iran intelligence
- Creator's death no bar to new 'Dragon Ball' products
- Three Kosovo Serbs on trial over 'secession plot' attack
- Van Gogh museum to launch Impressionism show
- French minister ups ante in Eiffel Tower Olympic rings row
- Japan PM calls snap election to 'create a new Japan'
- German police shut pro-Palestinian camp over Thunberg invite
- Chinese stocks tumble on lack of fresh stimulus
- Trio wins chemistry Nobel for protein design, prediction
- SE Asian summit urges end to Myanmar violence but struggles for solutions
- Wimbledon replaces line judges with electronic system
- Record-breaking Root hits hundred as England power to 351-3
- Record-breaking Root hits hundred as England's power to 351-3
- Sabalenka relishes 'much-needed' tennis rivalry with Swiatek
- Liverpool goalkeeper Alisson set for six weeks out
- Taylor Swift got police escort to London gigs after Austria terror plot
- Cook tips Root to break Tendulkar's all-time runs record
- British skull auction sparks Indian demand for return
- Joe Root: England's elegant Test record-breaker
- Braving war: Lebanon's 'badass' airline defies odds
- Klopp to return as head of Red Bull football operations
- Hezbollah strikes Israel, says it foiled Israeli incursions
- Jurgen Klopp to return as head of Red Bull football operations
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Stock markets firm on renewed US rate cut hopes; gas price jumps
Equity markets rose Monday as a dip in US inflation revived hopes the Federal Reserve would cut interest rates this year, while Mumbai was boosted by expectations that India's Prime Minister Narendra Modi would secure a third term.
Pre-weekend news that the personal consumption expenditures (PCE) index -- the Fed's preferred measure of inflation -- slowed to the lowest level since December provided a boost to sentiment after a recent pull-back.
The European Central Bank is widely expected on Thursday to cut eurozone borrowing costs from record-highs.
"Chance of a Federal Reserve rate cut -- or two (this year) -- could help improve the investor sentiment this week," Swissquote analyst Ipek Ozkardeskaya said.
Attention now turns to Friday's release of US jobs data, as Fed officials have said a softer labour market was crucial for them to feel confident enough to loosen monetary policy.
Asian investors started the week in a buoyant mood, pushing Hong Kong solidly higher thanks to a surge in Chinese tech firms, while Tokyo, Sydney and Seoul also posted gains though Shanghai edged lower.
Mumbai piled on more than three percent and the rupee advanced as exit polls suggested Modi was on course to win a third successive term, with a landslide that commentators said would give him the ability to push through new economy-boosting measures.
Oil prices steadied after OPEC and other major producers said they would maintain output levels but start unwinding cuts later in the year, even as questions about China's economic recovery and a spike in US stockpiles cause investors to fret over demand.
European natural gas prices jumped more than ten percent meanwhile after the closure of a pipeline linking key producer Norway with Britain.
The Langeled pipeline was shut after "operational problems" occurred at the Sleipner Riser offshore platform that will require repair work, said Randi Viksund, spokeswoman for the Norwegian transport operator Gassco.
Europe's benchmark contract for natural gas climbed to 38.70 euros per megawatt hour. However, it remains far below 2022 levels struck after Russia's Ukraine invasion.
- Key figures around 1100 GMT -
London - FTSE 100: UP 0.1 percent at 8,284.71 points
Paris - CAC 40: UP 0.4 percent at 8,023.86
Frankfurt - DAX: UP 0.8 percent at 18,638.13
EURO STOXX 50: UP 0.7 percent at 5,016.85
Tokyo - Nikkei 225: UP 1.1 percent at 38,923.03 (close)
Hong Kong - Hang Seng Index: UP 1.8 percent at 18,403.04 (close)
Shanghai - Composite: DOWN 0.3 percent at 3,078.49 (close)
New York - Dow: UP 1.5 percent at 38,686.32 (close)
Dollar/yen: DOWN at 156.76 from 157.30 yen on Friday
Euro/dollar: DOWN at $1.0839 from $1.0852
Pound/dollar: DOWN at $1.2712 from $1.2745
Euro/pound: UP at 85.26 from 85.12 pence
West Texas Intermediate: DOWN 0.2 percent at $76.83 per barrel
Brent North Sea Crude: UP 0.1 percent at $81.18 per barrel
L.Durand--AMWN