Europes Stocks Wilt Us Sanctions Slam Russias Rouble

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Europes Stocks Wilt Us Sanctions Slam Russias Rouble

LONDON – European stock markets struggled on Thursday with trade war worries, Russia’s rouble tumbled after the United States imposed fresh sanctions on the country and Turkey’s lira dropped to a new low.

A rally in Chinese stocks had helped offset the latest escalation in the Sino-U.S. trade war in Asia overnight, but too much was going on nearby for Europe to stay upright.

London’s FTSE , Frankfurt’s DAX and Paris’ CAC40 were down 0.6 percent, 0.1 percent and 0.4 percent respectively, while German government bonds rose in broad grab for safety.

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