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 GMT Back in London, the FTSE 250 index of mid-sized firms just hit a new six-week low, down 1.1% today.Brexit anxiety can take the blame, along with worries about the global economy.Spokesman: DUP Leader Advised UK PM May That Nothing Had Change In Their In Their Position On Divorce Deal $GBPUSDDUP source tells me “nothing has changed”. They still can’t support PM’s deal. So where does that leave MV3 tomorrow? Dead already? 1.37pm GMT Ding ding! Wall Street has opened for a new week, and shares are dipping. Continue reading…
Via: Recession fears hit global markets, but German morale improves – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…