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Global Stocks: Stocks slip as central bank talk, trade, weigh on risk sentiment

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - World stocks slipped on Friday as expectations of trade tensions dominating this weekend's summit of G7 countries, along with 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 in morning trade in Europe - though it was still set to break a three-week streak of losses.Fears of a trade war, expectations of more rate hikes in the United States, and a wind-down of a massive monetary stimulus in Europe fuelled a risk-off tone ...

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First Published: Fri, June 08 2018. 14:42 IST