World shares hit new high but Europe rally fades on Greece

April 27, 2015 7:02 AM

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World shares hit new high but Europe rally fades on Greece

LONDON (Reuters) - World shares hit a new high on Monday, led by China, though the global rally faded in Europe as investors looked ahead to central bank meetings in the United States and worried over Greece.

The dollar edged up but held close to Friday's 2 1/2-week lows, after weak U.S. data on Friday reinforced expectations the Federal Reserve would not raise interest rates any time soon.

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