Markets advance ahead of euro rescue summit

Scott Sinclair
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European markets advanced in early trading Thursday ahead of a key conference on global financial reform in Berlin.

Shortly after opening, London's leading index was up more than 33 points, or 0.65%, to 5,191.47. Elsewhere across Europe, France's Cac advanced 0.47% to 3,528 while the German Dax rose 0.28% to 6,005. German chancellor Angela Merkel is set to address an international conference aimed at forging a common position on financial regulation ahead of a G20 summit in Canada next month. It comes 48 hours after Merkel's government shocked world markets by banning the ‘naked' short selling of some financial instruments and just one day before the German parliament is due to decide on the cou...

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