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Trade war fear, Italian election buffet world shares for fifth straight day

Recent events have again put equity markets, barely recovered from their February selloff, under a cloud

Reuters  |  LONDON 

World shares slipped for the fifth straight day on Monday and emerging markets weakened sharply, hit by the prospect of a global trade war and political instability in Europe after Italy's inconclusive weekend election. While most markets stabilised after sharp losses early in the day, assets considered low-risk - including gold, the yen and German bonds - remained in demand, with yields on the latter at the lowest in a month. Recent events have again put equity markets, barely recovered from their February selloff, under a cloud. The European Union, Canada and China are ...

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First Published: Mon, March 05 2018. 18:39 IST
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