Description
Added on the 28/03/2019 07:01:12 - Copyright : Wochit
European stocks and bonds fall in a volatile market, hit by growing concerns that global central banks' commitment to the post-crisis orthodoxy of super-low interest rates and asset purchase programmes may be waning. As Ivor Bennett reports, European stock indexes were heading for their biggest losses since June.
European shares have plunged to 16-month lows, extending an aggressive sell-off, was investors shed risky assets on persistent concern over the pace of growth. Grace Pascoe reports.
European stock markets extended their losing streak on Thursday, with benchmark indexes in Frankfurt and London hitting seven-month lows as fears of a global slowdown took hold. As Sonia Legg reports, minutes from the U.S. Federal Reserve's July meeting dented expectations for a rate hike in mid-September, amid worries over lagging inflation and slowing growth in China.
Stocks closed lower on Tuesday after a recent run-up in global bond yields unsettled investors already concerned about rising interest rates. Bobbi Rebell reports.
IMF chief Kristalina Georgieva warns the global recession risks are rising and urges policy action "to regroup and to rethink how can we adopt a more proactive precautionary mindset that we had in the past." SOUNDBITE
The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Ukraine and other shocks take their toll on the world economy. 'Today the global economy faces multi-prong crises. Monetary tightening is weighing on growth across much of the world,' WTO Director-General Ngozi Okonjo-Iweala told reporters in Geneva. SOUNDBITE