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World stocks steady above 11-month lows

Updated: 2011-08-22 21:16

(Agencies)

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World stocks steady above 11-month lows

A foreign currency dealer of the Korea Exchange Bank walks past a screen displaying the Korea Composite Stock Price Index (KOSPI) at the bank's dealing room in Seoul August 22, 2011. [Photo/Agencies]

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The European Central Bank (ECB) held a conference call late on Sunday ahead of the market opening, pledging the ECB will step in to buy eurozone bonds with efforts to forestall the euro zone's debt crisis from spreading.