• News Desk

WEAK CHINA TRADE DATA HITS EQUITIES, U.S. DOLLAR


Global equity markets slumped to a three-month low on Thursday while the dollar and benchmark sovereign bond yields slipped, after a sharp decline in Chinese exports revived concerns about the health of the world's second-largest economy.Stocks on Wall Street fell almost 1 percent, and in Europe a bit more, following data that showed Chinese imports in dollar terms were back in contraction territory and exports dropped by a sharper-than-expected 10 percent.

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#China #US #Dollar #Europe

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