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Asian stocks slide as investors flee to safety of yen and bonds

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The threat of a US government shutdown and of further hikes in US borrowing inflame unease

 

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Asian stocks slide as US Fed does what was expectedIn New York, the S&P 500 lost 1.54% to hit its lowest level since September 2017 Almost every commentator on the planet told us that this hike had already been priced in to the market. Seems just not so.
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