New York: Economic growth worries pushed world shares to six-month low on Friday.
Investors across the world are concerned about the prospect of a widespread economic slowdown while U.S. monetary stimulus nears its end.
Global shares and oil have been hit hard by weak indicators from Europe. Big economies, including China, Japan and Brazil face their own hardships in economic sphere. The U.S. Federal Reserve likely to end this month the asset purchase programme which has pushed markets since the past two years. Brent LCOc1 crude futures crumbled to their lowest since 2010 while gold XAU was headed for its best week in nearly four months. The MSCI All-Country World index lowered by 0.6 percent to its lowest level since April 18 at 404.50 points.
