World shares faced an end to their longest winning streak of the year as investo...
LONDON - World shares faced an end to their longest winning streak of the year as investors took profits on Wednesday before the U.S. Federal Reserve’s policy decision, seen as offering clues to interest rate prospects over the coming year.
Germany underperformed, its bourse dragged down as chemicals group Bayer AG faced its worst day in 16 years after a second U.S. jury ruled its Roundup weedkiller caused cancer. Some market players said investors took money off the table after a report of U.S. concerns that China is pushing back against American demands in trade talks.
Kazakhstan’s tenge fell half a percent against the dollar as Kassym-Jomart Tokayev, a career diplomat fluent in Russian, English and Chinese, was sworn in as president.
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