Oil, weak German data drag on stocks; Brazil sinks | ||
27/10/2014 | ||
Global equity markets slipped on Monday, hit by weak German business sentiment and another decline in oil, while Brazil slumped after incumbent Dilma Rousseff narrowly won a second term over an opponent seen as more pro-business. It's very hard to put a positive spin on what's going on in Europe," said Bernard Baumohl, managing director and chief global economist at the Economic Outlook Group in Princeton, New Jersey. "Europe is the epicenter of global weakness and Germany happens to be ground zero." | ||
Last Update:: 27/10/2014 | ||
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