Global market volatility falls to two-month low; pound declines
Volatility across global financial markets is at a two-month low as signs central banks will keep borrowing costs lower for longer settle investor nerves that frayed at the start of the year. European shares slipped on Monday after a measure of global stocks posted the strongest close since Jan. 1 last week following five weeks of gains. The pound fell as tensions within the ruling Conservative Party deepened.
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