Stocks rally, safe-haven currencies drop, on China plan to cut tariffs
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NEW YORK (Reuters) - World equity markets rallied for a fourth day on Thursday, with a bevy of key stock indexes touching fresh peaks, as news that China will soon cut tariffs on some U.S. goods buoyed risk sentiment and pushed safe-haven currencies lower.The yield on Germany's benchmark 10-year Bund touched its highest in almost two weeks and U.S. Treasury yields ticked higher as investors bet China's efforts to contain a fast-spreading coronavirus would mitigate the impact of the outbreak on..