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Global Markets: Stocks dip as central bank talk, trade, dull risk appetite

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - World stocks slipped on Friday as expectations that trade tensions will dominate this weekend's summit of G7 countries and renewed talk of monetary tightening by major central banks weighed on risk sentiment.The MSCI All-Country World index, which tracks shares in 47 countries, was down nearly half a percent by afternoon in Europe, although it was still on track to break a three-week streak of losses. Futures indicated Wall Street was set to open lower.NQc1>Fears of a trade war, expectations of more rate hikes in the United States, and the prospect that ...

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First Published: Fri, June 08 2018. 17:34 IST