Stock market CARNAGE amid fears the world is heading for recession
GLOBAL stock markets dived again on Thursday morning as panic over another world recession gathered pace.
By LANA CLEMENTS
Express.co.uk
Thu, Jun 16, 2016
Britain’s FTSE 100 tumbled by almost one per cent in the opening minutes of trading, and is now hovering at a three-month low.
It’s feared the index could plunge further if the Bank of England uses today’s interest rate update to issue yet more scare-mongering warnings over Britain’s vote over European Union membership.
Stock markets have already witnessed huge losses over the past week amid concern over the stability of the eurozone if Britain votes to leave on June 23.
Investors have been further spooked after America’s central bank gave a gloomy update overnight and Asian stock markets also suffered huge losses.
Now trading screens are flashing red across Europe, with German and French stock markets also plunging this morning.
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