Dramatic action from the US Federal Reserve to cushion the blow from the coronavirus pandemic isn't helping to calm global markets on Monday. In fact, it seems to have made matters worse.
The latest: Markets were battered across Asia, with Australia's benchmark index crashing nearly 10% in its worst day on record. In Europe, London's FTSE 100 (UKX) fell more than 6% in early trading, while France's CAC 40 (CAC40) and Germany's DAX (DAX) dropped roughly 8%.
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