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The British pound surged Thursday after the Bank of England hinted at an early interest rate hike, while most of the world's stock markets languished after disappointing Chinese economic data.Hong Kong and Shanghai stocks each slid after a disappointing print on Chinese factory production, retail sales and state investment.Analysts remarked that despite no change to the rate at September's meeting, the tone of the minutes indicated that the BoE was readying for a rate rise.Across Europe steelmakers and miners felt the pain, with Arcelor Mittal, Thyssenkrupp, Anglo American, BHP Billiton, Glencore and Rio Tinto all seeing their share prices slide.
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