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Europe shares fall as data fuels recession fears

From reuters.com

Europe's top shares fell on Wednesday as economic data out of Europe fuelled recession fears and flagging demand for Spanish government bonds gave bearish investors the incentive to bank recent profits. Having gained 1.9 percent on Monday, its biggest one-day rise in three weeks after strong manufacturing data out of the U.S. and China eased fears over slowing global growth, the FTSEurofirst has fallen more than 2 percent over the past two days. It was down 9.78 points or 0.9 percent at 1063.09 at 1033 GMT. The catalyst for the falls has been a slide in banks , which have retreated after a strong start to the year - ... (full story)

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