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EUR/JPY pushes lower as recession fears set in
In addition to EUR/USD moving lower, EUR/JPY could continue lower as well, as the Yen is also considered a safe haven currency.
European stocks and economy vulnerable
Nothing has changed fundamentally to suggest the markets have bottomed out
US stocks drop as another consumer confidence barometer plunges
The slump in confidence was driven by a plunge in 'expectations' sub-index
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Poor PMIs underpin recession worries
This is the latest macro data to underscore worries about a sharp economic slowdown
Dr Copper chimes in on the recession debate
The Federal Reserve (Fed) is the central bank of the United States and operates under a dual mandate to effectively promote the goals of maximum employment while maintaining price stability.
The S&P 500 may have bounced, but the backdrop remains bleak
The S&P 500 rallied as a retracement gets underway. But that doesn’t change the fact that the bigger picture remains bleak for the bull camp further out.
Why you should watch the Baltic Dry Index as recession fears grow
The Baltic Dry Index has proven to be a reliable indicator of future global economic activity and could prove a useful tool amid the uncertain outlook.
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