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00:00LOWEST SINCE SEPTEMBER. THE DAX IS INTERESTING. WE WILL SETTLE JUST BELOW THE 10,000. THAT HAS NOT HAPPENED SINCE OCTOBER. THIS WEEK, DOWN IN GERMANY I 7%. BIGGEST WEEKLY LOSSES IN FOUR YEARS. THE WORST-PERFORMING EUROPEAN BENCHMARK THIS WEEK. THE FOURTH WORST-PERFORMING BENCHMARK IN THE ENTIRE WORLD. IT IS AN INSTRUMENT SELLOFF -- AN INDISCRIMINATE SELLOFF. LOOK AT THE DECLINERS . THESE COMPANIES MAKE A BIG PROPORTION OF THE REVENUE IN CHINA. AS THEY DO IN THE U.K. THE WEEKLY STATISTICS FOR SOME OF THESE CHINA RELATED STOCKS, AUTOS 11% LOWER, BASIC RESOURCES DOWN BY 9%, OIL STOCKS DOWN BY 6%. THESE COMPANIES ARE GETTING ABSOLUTELY HAMMERED THIS WEEK. BETTY: GEORGE OSBORNE WAS ALSO WEIGHING IN, TALKING ABOUT SOME RISKS TO THE U.K. ECONOMY. WHAT IS HE WORRIED ABOUT HERE? MARK: WE HAD GEORGE SOROS WHO SAID WE COULD SEE IN THE BIGGEST CRISIS FOR THE MARKETS SINCE 2008. HE WAS NOT THE ONLY GEORGE THAT SPOKE TODAY. YOUR JAWS BORN -- GEORGE OSBORNE IN WALES HAD SOMETHING INTERESTING TO SAY. A DANGEROUS COCKTAIL OF GLOBAL THREATS FACING THE BRITISH ECONOMY. THERE ARE DEVELOPMENT OF COMPLACENCY STARTING TO TAKE ALL. HE CITED CHINA, CITED BRAZIL, CITED RUSSIA, A SLIGHT IN COMMODITY PRICES. ESCALATING TENSIONS THE MIDDLE EAST AS WELL. STERLING FELL TO ITS LOWEST LEVEL AGAINST THE DOLLAR SINCE JUNE 2010. DAVID PAGE SAID THE BANK OF ENGLAND COULD RAISE RATES IN MAY. HE IS IN THE MINORITY. YOU KNOW THE FED WANTS TO RAISE RATES BY FOUR TIMES THIS YEAR. THE BANK OF ENGLAND, THE MARKET SAYS IT WILL NOT GO UNTIL 2017. THAT IS WHY WE ARE SEEING STERLING FALL TO THE LOWEST LEVEL SINCE 2010. BETTY: THE GUESSING GAME CONTINUES ON WHEN THE BOE WILL RAISE RATES. WE ARE MOVING BACK DOWN AT TOWARDS THE LOWS. THE DOW IS DOWN 164 POINTS. ALL MAJOR SECTORS ON THE S & P ARE LOWER. EVEN THE OIL PRICES HITTING 12 YEAR LOWS. POSSIBLY $30 OIL VERY SOON.

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The Stoxx Europe 600 Index Slides 2.2 Percent