Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturnLatest: Bundesbank fears German GDP is shrinkingBundesbank: Brexit deadlines hit summer ordersEarlier:Eurozone inflation weaker than expectedTrump: US isn’t falling into recessionShares rise in Europe on German stimulus hopes1.45pm: FTSE 100 up 85 points 2.54pm BST Remember last week’s 800-point tumble on the Dow, when the inverted US yield curve triggered recession anxiety?Wednesday’s 3% sell-off was the worst day of 2019, and the fourth biggest points fall ever (although that doesn’t mean a lot). 2.35pm BST Ding ding! Shares are rising at the start of trading in New York.Here’s the early moves Continue reading…
Via: Markets rally despite new Germany recession warning – business live
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