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Europe's stocks wilt; US sanctions slam Russia's rouble

Updated : August 09, 2018 02:56 PM IST

A rally in Chinese stocks had helped offset the latest escalation in the Sino-US trade war in Asia overnight, but too much was going on nearby for Europe to stay upright.
London's FTSE , Frankfurt's DAX and Paris' CAC40 were down 0.6 percent, 0.1 percent and 0.4 percent respectively, while German government bonds rose in broad grab for safety.
The rouble slid to its lowest since late 2016, 66 roubles to the dollar. The Russian currency dropped 1 percent after falling 3 percent overnight.
Europe's stocks wilt; US sanctions slam Russia's rouble
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