Prepare for more market volatility. That was IMF Managing Director Christine Lagarde’s message over the weekend, after the worst sell-off in global stocks since February.
Markets in Asia dropped on Monday, with equities in Japan, Hong Kong and Australia bearing the brunt.
Elsewhere:
– The pound slipped after Brexit negotiations hit stumbling blocks
– Donald Trump threatened to impose another round of tariffs on China
– Bulls are finally starting to outweigh bears in emerging markets
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