London — World stocks nudged down on Thursday as Chinese economic data slowed in October, and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the US-China trade war.

MSCI’S all-country world index, which tracks shares in 47 countries, was down 0.14% after start of trading in Europe. European shares fell after data showed the German economy grew just 0.1% in the third quarter, avoiding edging into a mild contraction thanks to consumer spending, but remaining weak, nevertheless...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.