GLOBAL MARKETS-Stocks gain momentum, Europe at seven-year high

April 9, 2015 8:50 AM

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LONDON, April 9 (Reuters) - World stocks marched higher again on Thursday, drawing support from European auto sales and German trade data, while expectations that the first U.S. interest rate increase will come in the latter part of the year continue to grow.

Investors also breathed a sigh of relief as Greece confirmed it will pay a 450 million-euro loan tranche to the International Monetary Fund on Thursday, meeting a deadline and taking the immediate heat off the cash-strapped country.

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