Brexit deal hits global markets; Oil seeks floor, stocks tumble, sterling braces for wild swings

European shares fell as much as 1.2 percent after data showed the German economy contracted for the first time since 2015, tracking similar losses in Asia where data in Japan and China underscored worries about weaker growth.

Brexit deal hits global markets; Oil seeks floor,
The British cabinet will meet at 1400 GMT. The deal must go through parliament for approval before the country exits the bloc on March 29, 2019. Image source: Reuters

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