European equities market kicked started Monday session in green territories, following a weaker-than-expected U.S. nonfarm data for December that increased speculation that the pace of stimulus tapering by the Federal Reserve could possibly be a bit slower than expected. - Stoxx 600 rose 0.15 percent, 0.50 points to 330.45 - Stoxx 50 added 0.17 percent, 5.41 points to 3,109.56 The Stoxx Europe 600 Index posted its first full-weekly gain of 2014 on Monday, extending its highest level since May 2008set last week as investors weighed data that showed the U.S. unemployment rate unexpectedly fell in December while hiring slowed to its lowest in almost 3 years. Change in U.S. nonfarm payrolls dropped to its lowest level since January 2011 with the U.S. economy adding 74,000 positions versus 200.000 expected. The unemployment rate, however, dropped to 6.7 percent, the lowest since October 2008 , well below economist estimates of 7 percent. Investors are now looking ahead to the U.S. economic releases due this week including retail sales, housing starts and inflation figures and a slew of speeches from Fed official, which may provide further clues on the strength of the U.S. recovery. - The British FTSE 100 rose 0.10% or 6.62 points to 6,746.56 - The French CAC 40 inched 0.05% or 2.12 points up to 4,252.72 - Frankfurt's DAX 30 gained 0.17% or 16.22 points to 9,489.46 In Europe, global regulators have approved a controversial new rules, known as a leverage ratio, aimed at reining in banks' reliance on debt, following warnings that the measure would penalize low-risk financial activities and curtail lending. Central bankers and supervisors on Sunday approved an international standard for the leverage ratio - a crucial part of the Basel III banking reform package, which does not kick in until 2018. Basel has proposed a 3 percent minimum, but some national regulators, including the US, want to go further. In other news, Matteo Renzi the head of Letta's left-leaning Democratic Party , said the next two weeks will be "decisive" for Prime Minister Enrico Letta`s government, which has so far struggled to make critical reforms. Renzi has called for cuts to the public administration and a labor reform to ease firing rules while giving more protection to workers. Elsewhere, Spain`s opposition Socialists have the lead over the ruling conservative party for the first time since its election defeat two years as its popularity declines in the wake of austerity measures, corruption scandals and a move to restrict abortion. Opinion poll published in El Pais newspaper on Sunday. Against the dollar, the euro weakened 0.06 percent to trade at $1.36595 after opening at $1.36747 .
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