The Latest Breaking News from Recession

London (AFP) - Global stocks wavered Thursday and the dollar fell as traders digested recession risks, slowing US inflation and corporate earnings.

Macroeconomic headwinds-induced volatility and the associated recessionary fears are anticipated to linger for a while, even though inflation is cooling down. Given this backdrop, the strong fundamentals of mid-cap stock Jazz Pharmaceuticals (JAZZ) might make it a solid buy. In contrast, fundamentally weak mid-cap stocks Valvoline (VVV) and Axos Financial…

June S&P 500 futures (ESM23) are trending up +0.12% this morning after three major U.S. benchmark indices ended the regular session in the red as market participants weighed recession risk following the minutes of the Fed’s March policy meeting while also awaiting crucial U.S. PPI data.

Hong Kong (AFP) - Markets were mixed Thursday as traders weighed data showing US inflation falling against minutes from the Federal Reserve's most recent policy meeting indicating officials foresaw a recession at the end of the year.

The UK’s economy showed no growth in February, narrowly avoiding a recession despite decades-high inflation

Analysts expected GDP to grow by 0.1 per cent in February

Asian stock markets have followed Wall Street lower after the Federal Reserve said its economists expect a “mild recession” this year

Hong Kong (AFP) - Asian markets mostly fell Thursday after minutes from the Federal Reserve's most recent policy meeting showed officials foresaw a US recession at the end of the year, while inflation data could not temper expectations of another interest rate hike.

New York (AFP) - Roughly a month after Silicon Valley Bank's collapse sparked fears of contagion, quarterly earnings reported this week are expected to focus on bank liquidity and the industry's preparation in case of recession.