Share market chaos explained: what’s behind the stock meltdown and will there be a recession?

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 98%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Share markets around the world saw huge falls on Monday – with Japan’s Nikkei sinking by 12% – after questions over the health of the US economy

A trader works on the floor of the New York Stock Exchange after a global sell-off of shares sparked recession fears. The Nasdaq and S&P 500 also lost ground on Monday.A trader works on the floor of the New York Stock Exchange after a global sell-off of shares sparked recession fears. The Nasdaq and S&P 500 also lost ground on Monday.

AMP chief economist Shane Oliver said “recession fears are now back with a vengeance, particularly in the US”. Even after the losses, the benchmark S&P 500 index is still up more than 9% since January, as is the Nasdaq., was down by as much as 15% at one point on Monday, before halving its losses, while bitcoin also fell sharply.Investors have been concerned about the state of the Japanese economy and the recent effects of a strengthening yen, which has unravelled the so-called “carry trade”, in which investors borrow cheaply in yen and buy higher-yielding assets including the US dollar.

Some safe haven assets, such as bonds, proved to be among the few hiding spots from the turmoil, with the sharp moves challenging all the sure bets of recent months. One “canary in the coalmine” investors look to is American online furniture and home goods company Wayfair, which warned on Thursday that customers were very cautious after recording a near 25% fall from peak spending levels recorded three years ago

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 1. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

FTSE 100 tumbles as US recession fears spark global market selloff, as Japan’s Nikkei suffers worst losses since 1987US recession fears and unwinding yen ‘carry trade’ hits markets, wiping 12% off Japan’s Nikkei
مصدر: GuardianAus - 🏆 1. / 98 اقرأ أكثر »

Australian share market edges higher as ASX enjoys reprieve from brutal sell-offMarket in the green early on Tuesday after tumbling 5.8% in previous two sessions amid US recession fears
مصدر: GuardianAus - 🏆 1. / 98 اقرأ أكثر »

All eyes on share market turmoil as RBA weights interest rate cutAustralian markets will open nervously this morning after Wall Street tumbled overnight as fears about a slowing US economy prompt a global stock sell-off.
مصدر: 9NewsAUS - 🏆 10. / 72 اقرأ أكثر »

Aussie share market loses $77 billion in morning bloodbathA jobs figure out of one major economy has finance markets around the world spooked.
مصدر: 9NewsAUS - 🏆 10. / 72 اقرأ أكثر »