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Financial markets rocked by recession warnings from US, China and Germany – business live

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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

Market turbulence will continue over coming months, the chief executive of the Australian Stock Exchange says. As the benchmark ASX200 took a 2% hit in early trading this morning, ASX CEO Dominic Stevens said that in the 2020 financial year would see “elevated volatility” because of the geopolitical situation and the changing expectations for interest rates.

 

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This was Friday.

It seems all these financial markets and their 'experts' are just a big gambling ring. Tell us anything. Using money as a play thing.

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