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The key indexes in London, Paris and Frankfurt are all up more than one percent at midday.
Tokyo's Nikkei index closed 3 percent higher, while the Hang Seng in Hong Kong and the Shanghai Composite index rose 1 percent.
Analysts say markets rose on expectations the U.S. central bank will cut interest rates this week, cut uncertainty about the size of the possible rate cut kept gains in check.
Major U.S. indexes, which have yet to open today, advanced by one percent or more Monday as the market looks toward an interest rate cut.
Source: By VOA News
Posted January 29th, 2008 by seher
