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Asian stocks fragile as trade tensions escalate

Updated : October 30, 2018 08:22:25 IST

The CBOE Global Markets volatility index, known as Wall Street's "fear gauge", jumped to as high as 27.86 points, its highest since October 11 and the second highest since volatility shock in early February.
China's major stock indices fell sharply on Monday as earnings reports from industrial and consumer firms raised concerns about the slowdown in economic growth and the impact of policy support so far.
The dollar index edged higher and was just below its a 10-week high it hit on Friday. The index gained on a decline in the euro after news German Chancellor Angela Merkel would not seek re-election as head of her CDU party.
Published : October 30, 2018 07:11 AM IST

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