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Global Equity Slump Deepens as Rate Fears Grow: Markets Wrap

Global Equity Slump Deepens as Rate Fears Grow: Markets Wrap

Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields. Shares sank across the region, with Japan’s benchmarks falling the most in 15 months. S&P 500 Index futures pared a drop of as much as 0.9 […]

Trump Dooms Dollar To Worst January Since 2008

Trump Dooms Dollar To Worst January Since 2008

The dollar was on course for its worst start to a year in more than a decade on Tuesday after a trade adviser to President Donald Trump added to signs the new administration may be trying to talk its currency down. Suggestions by the head of Trump’s new National Trade Council, Peter Navarro, that Germany […]

Brexit: Pound Plunges To 30-year Lows As EU Fears Bite Into Global Markets Again

Brexit: Pound Plunges To 30-year Lows As EU Fears Bite Into Global Markets Again

The pound sank to three-decade lows and Asian share markets fell on Wednesday as fears over Brexit and instability in the European Union returned with a vengeance. Sterling was again a major casualty, sinking under $1.30 in fast-moving trade. It hit its lowest since 1985 when it got down as deep as $1.2565. In wild […]