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European Equities Close Higher As Traders Bank On Imminent ECB Rate Cut: What s Driving Markets Monday? - Bayer (OTC:BAYRY), ASML Holding (NASDAQ:ASML)

European equities up, ECB likely to cut rates in June, traders confident. Euro slightly higher. Top performers: RWE, Bayer, VW, Enel, Iberdrola.

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Prada, Gucci, Louis Vuitton Brace For Sales Slump As China s Economic Turbulence Hits Luxury Market - Compagnie Financiere (OTC:CFRUY), Burberry Group (OTC:BURBY)

The luxury goods industry is preparing for a substantial decline in sales, attributed to China's subdued demand and challenging comparisons with the sales spike following the COVID-19 pandemic last year.

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French Fashion Giant LVMH Posts 9% Organic Revenue Growth In Q3 - LVMH (OTC:LVMHF)

French luxury fashion house LVMH-Moet Hennessy Louis Vuitton (OTC: LVMHF) (OTC: LVMUY) reported 

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European Stocks Rally As ECB Throws In Towel On Rate Hikes - Anglo American (OTC:NGLOY), iShares MSCI United Kingdom ETF (ARCA:EWU), iShares MSCI Germany Index Fund (ARCA:EWG), iShares Inc iShares MSCI Italy ETF (ARCA:EWI)

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Chinese splurge on luxury goods as pandemic restrictions ease

Hermes and LVMH report stellar first-quarter results as world’s second-largest economy reopens

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