Below is an extract of a post published on Guardian titled "Financial markets rocked by recession warnings from US, China and Germany – business live"
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Make america great again.- Donald Trump.
What counts is not necessarily the size of the dog in the fight. It's the size of the fight in the dog.- Dwight D. Eisenhower.
The best executive is the one who has sense enough to pick good men to do what wants done, and self-restraint to keep from meddling with them while they do it.- Theodore Roosevelt.
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Via: Guardian
Traders in Asia Pacific are braced for a turbulent day after the inverted US bond yield curve sent alarm bells ringing around the world. Follow all the developments, starting with trading on the ASX200 in Australia 1.12am BST Trading has started in Asia with steep falls – as expected – in Australia and Japan. Asia begins lower after the sell-off on Wall St. where US indices fell around 3% and the DJIA posted its worst performance YTD amid recession fears after weak data from China and Germany, as well as the US yield curve inversion; ASX 200 (-1.2%), Nikkei 225 (-1.9%), KOSPI (closed) 12.57am BST Good morning/evening … wherever you are in the world, welcome to the Guardian’s business live blog which is starting early today ahead of what’s expected to be a turbulent day on the financial markets. My colleague Graeme Wearden covered all the action in the UK, Europe and the US on Wednesday and you can catch up on his blog here. Related: Markets spiral downwards on fears of German recession Continue reading…
