September starts with a bump

Rising global interest reates and recession fears drove the US dollar to a 24-year high against the yen. London (.FTSE) saw near 1% falls + Frankfurt (.GDAXI), Paris (.FCHI) and Milan (.FTMIB) pushed the pushed the STOXX 600 (.STOXX) to the lowest since mid-July with bond markets selling continuing after the largets monthly rout in decades.