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In a BBC interview, the head of America’s largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was “far more worried than others” about a major market correction.
China has tightened its rules on the export of rare earths – the elements that are crucial to the manufacture of many high-tech products.
And the price of silver hit its highest level in decades. The metal reached more than $50 an ounce.
Presenter: Sarah Rogers
Producer: Ahmed Adan
Editor: Justin Bones
