The selloff in global stocks deepened in Asia, also regional shares slid to nearly three-year low.
Japanese shares went down to its lowest level since February, while shares in Australia slid to a more than two-year low as concerns about the impact of China on the world economy puts MSCI All-Country World Index in their worst quarter since 2011
Commodity-related currencies sank like nickel and copper continued declines, while US oil stopped near two-week low. Australian bonds followed gains of Treasuries after the yen rose a second day.
"I expect market turmoil to continue," said John Carey, a fund manager at Pioneer Investment Management Inc. Boston, which manages $ 244.1 billion worldwide.
In the short term, one must be careful. The world economy is soft in places and there are risks there.
E.Dimitrov JrTrader
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