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News Link • Economy - International

Global shares drop, dollar slumps as rout gathers pace

• Reuters

World shares fell and the dollar slumped on Thursday as a sell-off on global financial markets accelerated on concerns over whether central banks will continue the stimulus they have come to rely on.

Stocks, bonds, commodities and the dollar were all caught in the selling. There were tentative signs markets were leveling off ahead of U.S. trading, although Wall Street was also expected to open in the red.


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