Global sell-off rocks capital markets

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By Aidan Gregory, Costas Mourselas, Craig McGlashan, Ross Lancaster, Sam Kerr
11 Oct 2018

A sharp sell-off in US equities on Wednesday led to global panic on Thursday as other indices followed suit. Asian and European markets showed some sign of life on Friday, although were still a long way down, but the ramifications of a change in risk sentiment could have lasting effects across capital markets, write Sam Kerr, Ross Lancaster, Costas Mourselas, Craig McGlashan and Aidan Gregory.

The panic was short-lived, with Asian and European markets showing signs of recovery on Friday. Asian indices on average rose by between 0.5% and 1% on Friday, retracing some of the losses of the previous two days.

The Shanghai Composite was one of the better performers of the major ...

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