Off on wall street the nikkei index in tokyo lost three percent on monday morning on moris about the possible upcoming recession United States china the shanghai composite as well as the im saying well down one percent as well. As for trading in europe frankfurt has just opened. Our correspondent. Things look at the european markets. Well it seems that the negative trend that we have been seeing this morning happening in asia will also continue here and frankfurt as well lets take a look at the board behind me the blue chip index thats here also in the red with more than zero point four percent at the moment investors are certainly more reluctant at the moment first the news last week of no more Interest Rate hikes in the u. S. Because of the Economic Situation there investors are also expecting not very good news to be released this morning we are currently waiting for the latest Business Climate index the index in full Research Institute here in germany always gives you a very good i