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Stocks slide as central banks fail to reassure

Federal Reserve Chair Janet Yellen turned dovish again at yesterdays FOMC meeting indicating rates to be held steady, with the likelihood of interest rate increases tapering. This prompted Gold and Bonds to increase on haven demand as equities worldwide dropped. There is increased concern about the global economic outlook, while the Japanese Yen climbed to the highest level since 2014.

View the full Bloomberg reportĀ here.

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