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    <title>World shares are mixed ahead of update on US employment</title>
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    <description>Global equity markets traded mixed ahead of US employment data, with European benchmarks down and select Asian markets up; US futures near flat. The report links softer consumer spending and cooling wage growth to weaker corporate profits and notes that worsening labour-market data could prompt faster central bank rate cuts, whereas persistent inflation might delay them. Corporate earnings and merger developments moved individual stocks, while oil and precious metals rose, bitcoin fell, and major currency pairs shifted as markets positioned for upcoming US economic releases.</description>
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