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NEW YORK/LONDON, Nov 18 - Global shares edged higher in choppy trading on Monday while the U.S. dollar fell but still traded near one-year highs as markets pared expectations of future interest-rate cuts by the Federal Reserve.
"It should be a quieter week as the recent relentless wave of U.S. macro and political news flow in theory slows down with the main story on this front being on potential political appointments for the new Trump administration," Deutsche Bank head of global economics and thematic research Jim Reid said.
European stocks were on track to finish lower, weighed down by real estate and utilities stocks. The STOXX 600 ,index was down 0.36%. MSCI's gauge of stocks across the globe ,rose 1.39 points, or 0.17%, to 844.01. U.S. Treasury yields edged up toward multi-month highs, with the yield on benchmark U.S. 10-year notes adding 3.3 basis points to 4.459%.
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