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European bank stocks suffers brief dip after U.S. jobs data

Published 03/09/2021, 11:14 pm
Updated 03/09/2021, 11:22 pm
© Reuters. FILE PHOTO: A broker looks at financial information on computer screens on the IG Index the trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson/File Photo
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LONDON (Reuters) - European shares briefly extended losses with a widely watched gauge of banking shares dipping 1% after data showed U.S. jobs growth in August missed estimates by a wide margin, fuelling fears that bets of a robust economic recovery may be overdone.

© Reuters. FILE PHOTO: A broker looks at financial information on computer screens on the IG Index the trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson/File Photo

The weakness in U.S. data rippled across markets with non-dollar currencies - including the British pound and the Australian dollar - perking up in late London trading.

Bitcoin rose to its highest since mid-May, up around 3% at $50,745.

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