The financial markets across the world have fallen down on Monday as he investors saw a crucial week of data in the economy of US. The share market of Tokyo also climbed up by 3% in morning trading but it fell down later and the central bank of Japan called an emergency meeting to discuss about the fears over the economy of US.
The rising unemployment rate figures of US on Friday and the fall of new orders in the US manufacturing industry has created fears that the largest economy of the world is heading towards double-dip recession.
Every country of the world knows that if the US economy falls, the global economy will also fall.
The chairman of the US Federal Reserve, Ben Bernanke has said the US central bank will take every step it can to secure the economic recovery of the country and it will also try to prevent the country from going in to double-dip recession.
Because of the rising concerns over the US economy the Dow Jones has fallen down by 0.6% to 10,091 points, Germany's Dax index also fell by 0.6% to 5912 and the CAC index of France fell down to 3487 points.
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