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Recession fears hit global markets, but German morale improves – business live

Rolling coverage of the latest economic and financial news, as markets are hit by anxiety over the global economyLatest: German business morale has picked up…..but German factories still struggleIntroduction: Asian markets slide amid recession worriesFull story: Markets rocked by recession worriesEuropean markets fallWhy ‘Inverted’ yield curve raises recession fears 1.55pm Read more…