Stocks around the world fell sharply on Friday amid fears of a global economic slowdown. Sharply deteriorating manufacturing data from the US, Europe and Japan sparked a selloff with the Eurozone manufacturing PMI dropping to a six-year low.

In the bond markets the yield on the German 10-year bond yield turned negative for the first time in two and half years. In the US, more of the Treasury bond yield curve inverted, with rates on the 10-year bond falling below the 3-month yield for the first since the financial crisis, something which is usually seen as an indicator that a recession could be coming.

On today's Money Talk are Alex Wong of Ample Capital, and Karine Hirn from East Capital. On the phone for the weekly view from the mainland is Ben Cavender at the China Market Research Group.