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Global Shares in Fed Tailspin

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Global Shares in Fed Tailspin
AIRED:
Markets in a tailspin as concerns the U.S. Fed could taper its stimulus programme spooked investors. Indices fell sharply after chairman Ben Bernanke announced the central bank could scale back the pace of bond purchases. Investors feared the move could jeopardise the global economic recovery. Europe's FTSEurofirst 300 was down almost 2% mirroring the CAC, the DAX and the FTSE100 Banks and miners - sectors most exposed to the broader economy - saw the biggest declines.moreless
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