Chinese currency hits 11-year low and markets fall as trade tensions deepen – business live

European stock markets are also in the red. Germany’s Dax down 0.9% France’s CAC 40 down 1% Spain’s Ibex down 0.8% Italy’s FTSE MiB down 0.8%.

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Trade friction hits stocks, yuan slumps to lowest in over a decadeEuropean shares fell to two-month lows, with the pan-European STOXX 600 index shedding 2 per cent on top of the 2.5 per cent it lost on Friday - its worst day so far in 2019. Can they blame Brexit or the Russians for the Drop
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