London — World stocks and the euro fell for a fourth day on Tuesday, as investors that had piled into both all year took a step back as the list of global uncertainties began to lengthen again. The list included a new low in US and North Korean relations, a jolt to the right in German politics, rising oil prices, falling tech stocks, and the prospect of signals later from the European Central Bank (ECB) and US Federal Reserve on their next moves. Asian stocks wilted in line with Wall Street overnight and European bourses struggled too, despite solid French data and a new one-month low for the euro which has been helping the bloc’s stocks in recent days. The yen, which traditionally performs strongly in jittery markets, was beginning to fade, having gone as high as ¥111.550 to the dollar, as gold also dropped off a one-week high hit on Monday. That came after North Korea’s foreign minister said a tweet by US President Donald Trump that "little Rocket Man" might not be around for too ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.