Asia, Europe stage market fightback after global rout

Asian and European stock markets rallied Friday after two days of ferocious selling sparked by higher US interest rates, trade war fears and attacks by President Donald Trump on his “crazy” central bank.

Equities across Asia closed in the green after another topsy-turvy session that saw stocks initially suffer further heavy losses before bouncing back strongly.

European markets followed Asia’s lead, with Paris and Frankfurt enjoying a strong opening, both up more than one percent. London also climbed at the open but only by 0.4 percent…

 

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