asian equities: China's stock markets were hit hard - its benchmark stock index fell to four-year lows - in a gloomy session for Asian equities and for the yuan which approached a two-month low, according to Nine News Australia. China's premier warned of risks to the economy from an escalating tariff war with the United States. To improve your experience update it here News World Stocks fall after hawkish Fed minutes8 25pm Oct 18, 2018Facebook Tweet Mail The dollar has risen to a one-week high and stocks have edged lower after signs that the Federal Reserve will keep raising interest rates through 2019 undermined a bounce in world markets. European shares, however, largely shrugged off the disappointment in Asia. A pan-European equity index rose 0.4 per cent. London's FTSE traded 0.1 per cent higher and Frankfurt's DAX and Paris's CAC both rose 0.3 per cent.
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