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Orcas, dolphins stuck in closed French marine park
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Rahul shines as Delhi bag fourth straight win in IPL
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Family bid farewell to merengue singer, killed in Dominican nightclub disaster
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Mbappe ups stakes in bid to recoup 55mn euros from PSG
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Scheffler grabs share of early lead in quest for Masters repeat
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Why did a Dominican nightclub roof cave in?
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Tanzanian opposition leader Lissu charged with treason
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TikTok fuels ByteDance revenue as US ban looms: report
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Iran hands directors suspended jail terms over acclaimed film
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Ferrari duo counting on change of fortune in Bahrain
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Dominican Republic starts burying 200+ victims of nightclub disaster
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Policeman's killer to be executed by firing squad in South Carolina
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Census shows high number of brown bears in Romania
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Prada to buy Versace for 1.25 bn euros to create new force in Italian fashion
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US-China trade war surges, overshadowing Trump climbdown
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Slippery business: France jails men over eel smuggling
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Sudan tells top court UAE 'driving force' behind 'genocide'
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When Kimi met Kimi: Antonelli's first meeting with F1's 'Iceman'
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Charles and Camilla visit Dante's tomb, Byzantine mosaics
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Mbappe moves closer to recouping 55mn euros from PSG
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OpenAI countersues Musk as feud deepens
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Global plastic recycling rates 'stagnant' at under 10%: study
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Mumbai attacks suspect extradited from US lands in India
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Scheffler launches quest for Masters repeat
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Nicklaus, Player and Watson pick McIlroy to win Masters
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Lebanon's civil war fighters working for reconciliation, 50 years on
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Miuccia Prada's path from activist to top designer
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Pope in surprise St Peter's visit a day after meeting King Charles
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Forest will ignore top five cushion: Nuno
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Wall Street rally fizzles as tariff worries resurface
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Cantona claims Ratcliffe is destroying Man Utd
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FIA deputy president resigns, attacks Ben Sulayem
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Russia, US swap prisoners in push for closer ties
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Alcaraz eases into Monte Carlo quarter-finals, Draper out
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Italy's Prada agrees to buy rival Versace for 1.25 bn euros
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Five things to know about Versace
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US consumer inflation cools in March on falling gas prices
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Liam Lawson on 'crazy' season after Red Bull sacking
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Cannes Festival: Films in competition
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Cartier exhibition to bedazzle London crowds
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Former France star Chabal says he has 'no memories' of rugby career
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Shanghai finance workers worry after front-row seat to tariff turmoil
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Death toll in Dominican nightclub disaster rises to 218
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Charles and Camilla visit tomb of Dante, Italy's greatest poet
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Draper dumped out of Monte Carlo Masters by Davidovich Fokina
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Scheffler, McIlroy seek fast start as 89th Masters tees off
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EU halts counter-tariffs but no pause in US-China trade war
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Australian schoolboy Gout Gout runs sub-10 second 100m --- twice
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Scarlett Johansson to star at Cannes as festival unveils line-up
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Stock markets soar as Trump delays painful tariffs
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Stocks wobble, oil higher in major trading week
Stocks diverged Monday as a pre-weekend rally on Wall Street fizzled with traders looking ahead to a charged week of central bank policy meetings and US jobs data.
Meanwhile, oil prices pushed higher ahead of a meeting of OPEC and its allies on whether to continue its policy of gradual increases in production.
"There's no shortage of risk events for the markets this week with rate decisions from the Bank of England and the ECB (European Central Bank), the US jobs report and a slew of earnings," noted Victoria Scholar, head of investment at Interactive Investor.
Wall Street opened mixed after a strong rally at the end of last week, with both the Dow and S&P 500 falling.
European shares were also mixed in afternoon trading.
Most Asian stock markets closed higher Monday, though traders remained nervous about the Federal Reserve's plan to hike US interest rates as it battles surging inflation.
The tech-heavy Nasdaq led the strong finish Friday for US equities Friday thanks to soaring fourth-quarter profits at Apple, which lifted optimism about consumer spending and the economic recovery.
The strong performance, coupled with strong US economic data, filtered through to Asia, where trade was thinned by investors winding down ahead of the three-day Lunar New Year break that starts Tuesday.
- Rates in focus -
The gains followed a period of upheaval across world markets as the Fed readies to withdraw the vast financial support put in place at the start of the pandemic, which has fuelled a near two-year equity rally.
"The markets have been roiled by concerns about stubborn inflation pressures and expectations that the Fed will have to be aggressive with its monetary policy tightening campaign," said analysts at Charles Schwab brokerage.
Observers debate the Fed's likely moves as US inflation sits at a four-decade high, with some saying it could hike up to seven times before 2023, with an initial 50 basis point move in March.
The Bank of England is widely expected to increase its main interest rate by a quarter-point Thursday to 0.5 percent.
That follows its decision in December to increase borrowing costs from a record-low 0.1 percent to 0.25 percent to combat decades-high inflation.
This week sees also an ECB policy update.
ECB chief Christine Lagarde has downplayed inflation concerns, arguing that the forces pushing up prices across the eurozone are expected to ease over 2022.
Official data Monday showed the eurozone economy grew 5.2 percent last year after a pandemic-induced recession. Meanwhile, although German inflation slowed in January, it still came in higher than expected and will likely put more pressure on the ECB to react.
- Oil up before OPEC -
Oil prices were higher as OPEC and its allies prepare to meet Wednesday to discuss a further increase in output.
Brent crude last week surpassed $90 per barrel, a level last seen in October 2014.
The price of West Texas Intermediate (WTI) crude hit its highest level in more than seven years earlier this month, fuelled by easing concerns about the Omicron Covid variant and geopolitical tensions.
Analysts have said that if Russia sends troops into Ukraine, crude prices could top $100 for the first time since 2014.
- Key figures around 1430 GMT -
London - FTSE 100: DOWN less than 0.1 percent at 7,462.87 points
Frankfurt - DAX: UP 0.4 percent at 15,380.28
Paris - CAC 40: DOWN 0.3 percent at 6,947.48
EURO STOXX 50: UP 0.1 percent at 4,142.78
New York - Dow: DOWN 0.6 percent at 34,523.02
Tokyo - Nikkei 225: UP 1. percent at 27,001.98 (close)
Hong Kong - Hang Seng Index: UP 1.1 percent at 23,802.26 (close)
Shanghai - Composite: Closed for a holiday
Euro/dollar: UP at $1.1189 from $1.1158 Friday
Pound/dollar: UP at $1.3436 from $1.3389
Euro/pound: UP at 83.30 pence from 83.16 pence
Dollar/yen: UP at 115.36 yen from 115.24 yen
Brent North Sea crude: UP 1.3 percent at $91.16 per barrel
West Texas Intermediate: UP 0.8 percent at $87.51 per barrel
burs-rl/cdw
D.Lopez--AT