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

  • 9/3/2021
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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. 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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