(Bloomberg) -- Chile's peso fell to a three-week
low as investors retreated from riskier emerging-market assets
and on concern that a slower U.S. economy will reduce demand for
copper, the South American country's biggest export.
Stocks fell worldwide as speculation increased that loan
defaults will mount. Shares in the U.S., Europe and Latin
America dropped, as did emerging-market debt. U.S. reports today
showed durable goods and new home sales fell in the world's
biggest economy.
Read more at Bloomberg Currencies News
low as investors retreated from riskier emerging-market assets
and on concern that a slower U.S. economy will reduce demand for
copper, the South American country's biggest export.
Stocks fell worldwide as speculation increased that loan
defaults will mount. Shares in the U.S., Europe and Latin
America dropped, as did emerging-market debt. U.S. reports today
showed durable goods and new home sales fell in the world's
biggest economy.
Read more at Bloomberg Currencies News
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