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Markets turn down the volumes when the World Cup starts

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - The World Cup kicks off in Russia on Thursday and investors should be warned that financial markets tend to act like any emotional soccer fan during the matches - they go quiet and nervy and don't like losing. More than two-thirds (43) of the 64 games in this year's tournament will be played during European or Latin American trading hours which has been shown to significantly change market behaviour.During the 2010 World Cup in South Africa - the last to have similarly timed matches to those in Russia - stock market trading volumes dropped an average of 55 ...

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First Published: Wed, June 13 2018. 05:50 IST