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Global stocks set for longest losing streak, German growth data lifts Euro

MSCI's broadest index of Asia-Pacific shares outside Japan had earlier fallen 0.6%

Reuters  |  London 

World stocks were set for their longest losing streak in more than six months on Wednesday as weaker commodities weighed, while the euro hit its highest levels in three weeks. The MSCI world equity index, which tracks shares in 47 countries, fell almost 0.2 percent and was set for its fifth straight day of declines -- its longest run in the red since March. A slide in crude oil prices on worries over the outlook for demand and weaker metals prices weighed on mining and energy stocks across Asia and Europe, which took their cues from the previous day's stock declines in the ...

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First Published: Wed, November 15 2017. 16:27 IST
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