World Stocks Falling, Dollar gaining as Economic outlooks diverge

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World Stocks Falling, Dollar gaining as Economic outlooks diverge

This article was posted on Nov 20, 2014 and is filed under Market News

On Wednesday, the shares fell in Europe and Asia while the Dollar went high hitting a new seven-year high against the yen, as investors focused on the divergent outlooks for the world’s major economies.

On signs of disagreement between OPEC members before a meeting next week, price of the oil was near to 4 years-low.

Pulled down by the miners after a sharp fall in iron ores prices, European shares opened at lower levels.

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