Global Shares Extend Slump as Oil Sinks While Yen, Gold Rebound

  • Gauge of world equities caps longest drop since mid-February
  • U.S. natural gas retreats on outlook for milder weather

Scope for Fed Summer Hike Widens

Shares retreated around the world, with a gauge of global equities notching up its first three-day losing streak since February, as crude oil fell from a five-month high. The yen strengthened, reflecting investor caution before central bank meetings this week in the U.S. and Japan.

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