Around the World's Markets: Frankfurt

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THE DAX fell as Germany's Ifo business climate index and record US trade deficit data kept the market jittery amid a relative lack of fresh corporate news. The Dax ended down 69 at 5,282 as sentiment across Europe worsened in the afternoon after Wall Street opened.

Earlier in the day the DAX had fallen around 1 per cent on fears of a hike in euro-zone interest rates later this year, after the Ifo index jumped to a 12-month high in August.