HONG KONG: Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world's second-largest economy.
Spreadbetters expected the equity markets to open firmer in Europe, forecasting Germany's DAX and France's CAC to open 0.16 to 0.36 percent higher though any big gains will be capped as investors keep an eye on the progress of negotiations between Greece and its lenders.
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