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Markets in Panic As Asia Turmoil Spreads

Markets fall across the world as a cut in the World Bank’s global growth forecast offsets a rise in US retail sales.

The yen hits a 10-week high against the US dollar with volumes in yen crosses increasing to the same levels seen during the tsunami crisis.

Volumes also rising in cable and the euro/dollar.

01:01 minutes
Tags: cable, dollar, euro, markets, retail sales, volumes, world bank, yen

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