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Global Markets: Shares go weak as dollar extends power surge

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - World shares ground to a halt on Thursday as the dollar scored its longest winning streak since a hot run in early October that helped set off a wave of global 'bear' markets.Some poor earnings and weak data out of Germany ensured Europe's main bourses started lower and kept MSCI's main index of world stocks heading for only its second two-day run of falls of the year so far.The extent of the current slowdown in the global economy was highlighted as India unexpectedly cut its interest rates and the euro got hit to $1.1346 by Germany's fourth consecutive drop ...

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First Published: Thu, February 07 2019. 16:17 IST
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