March 22 (Lagos) - Germany reported manufacturing data which showed that their economy never recovered from the past 5 years and now they are dealing with slowdown, brexit and immigration.
The EU itself is in a broad slowdown, Germany is its biggest economy.
This led to a sell-off in US markets today with Dow Jones index down 400 points.
US ten year deal fell sharply which led to a huge sell off in banking stocks.
The German 10 year government bond turned negative for first time since 2016.
reporting for easykobo.com on Friday, March 22 2019 from Lagos, Nigeria