World stocks, oil slip as G20, Fed loom

World stocks retreated further from last week's 11-month high on Monday as lower commodity prices and caution ahead of a Federal Reserve meeting and G20 summit prompted investors to trim risky trades.

Test of investors’ faith in G20

With world stocks already having recouped two-thirds of their 2008 losses, any wavering of policymakers' commitment to a super-loose fiscal and monetary policy framework could rock investor faith in the rally. Next

Equity rally pauses, dollar rebounds

Global equities came under pressure on Friday after having scaled an 11-month peak as investors took stock of recent hefty gains, giving the downtrodden dollar a reprieve and shoring up government bonds.