Markets: global shoot out

The global markets are turning. Monday saw a widespread sell-off across asset classes as green shoots were mowed down. As so often, it was not entirely clear what started the rout. Falling copper prices, a World Bank report questioning global growth, talk of currency trouble out east in Belarus were all possible triggers. But the results were plain to see. Equities, oil and other commodities were hit brutally, as well as recent market darlings such as the Australian dollar and the Brazilian real...