Stocks cheer prospects for low rates, oil rides pipeline outage higher

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By Stanley White TOKYO (Reuters) – Stocks rose on Monday amid speculation that interest rates will remain low due to receding inflationary pressure, while oil and gas prices jumped after a cyber attack on a U.S. pipeline operator unnerved markets. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3%, while U.S. stock futures rose 0.14%. Australian stocks hit their highest in more than a year, boosted by gains in miners, but shares in China fell 0.74%. Japanese shares gained 0.53%. Euro Stoxx 50 futures were up 0.42%, German DAX futures were up 0.32%, and FTSE futures rose 0.37%…

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