Scoreboard: Volatility spike

Markets on both sides of the Atlantic slumped on heightened global growth and deflation concerns, while gold rose on safe-haven demand.

In US economic data, retail sales fell by 0.3 per cent in September -- the first decline since January. Stripping out gasoline, auto sales, building material and food services (a key gauge of discretionary spending), sales still fell 0.2 per cent, against expectations of a lift. US producer prices fell by 0.1 per cent in September to be up 1.6 per cent over the year. US business inventories rose by 0.2 per cent in August against expectations of a 0.4 per cent lift.


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