us china germany slumps batter global stocks
Last Updated : GMT 02:03:33
Arab Today, arab today
Arab Today, arab today

US, China, Germany slumps batter global stocks

Arab Today, arab today

Arab Today, arab today US, China, Germany slumps batter global stocks

Washington - Arabstoday

Bad news in major economies drives world stocks low, pushing investors into safer currencies and government bonds.A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.European stocks tumbled nearly 4 per cent, helping drag global equities to a fresh one-year low.The dollar rose to a seven-month high against major currencies as a broad sense of aversion to risk swept through financial markets.The Fed set the ball rolling on Wednesday when it launched \"Operation Twist\", a plan to lower borrowing costs by selling or not renewing short-term debt in favour of longer bonds.The move was expected, but the Fed\'s statement of the rationale behind it was stark: There were \"significant downside risks\" to the U.S. economy.\"It seems the market doesn\'t believe Operation Twist is enough to kick start the spluttering economy ... (and) a very downbeat outlook ... seems to have unsettled markets even further,\" said Ben Potter, market strategist at IG Markets.Concern was increased on Thursday when HSBC\'s China Flash PMI showed the factory sector shrank for the third consecutive month in September, pointing to a slowdown in the world\'s second-largest economy.Business activity in Germany also grew at its weakest pace in more than two years in September and new orders fell for a third month.World stocks as measured by MSCI were down nearly 2.5 per cent to a new year low, making for a more than 14 per cent year-to-date loss. The more volatile emerging markets stock index was down 4.7 per cent for a 22 percent 2011 loss.In Europe, where questions about the ability of the euro zone to manage some of its countries\' heavy debt remain, stock losses amounted to a 21 percent fall for the year-to-date.The FTSEurofirst 300 fell 3.9 per cent.Japan\'s Nikkei closed down 2.07 per cent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us china germany slumps batter global stocks us china germany slumps batter global stocks

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us china germany slumps batter global stocks us china germany slumps batter global stocks

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday