SYDNEY: Investors dumped shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of favour on growing worries about an impending U.S. recession, sending global yields plunging.
Adding to the fears of a more widespread global downturn, manufacturing output data from Germany showed a contraction for the third straight month. And in the United States, preliminary measures of manufacturing and services activity for March showed both sectors grew at a slower pace than in February, according to data from IHS Markit.
"The risk of a U.S. recession has risen and is flashing amber and this will keep markets pricing a high chance of the Fed cutting rates." Political turmoil in Britain over the country's exit from the European Union also remains a drag on risk assets.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Singapore stocks: STI resumes Monday afternoon at 3,212.15, up 0.37% on daySINGAPORE stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index rising 0.37 per cent or 11.97 points on the day to 3,212.15 as at 1.01pm. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »
Tokyo: Stocks open higher encouraged by US rallies[TOKYO] Tokyo stocks opened higher on Friday as rallies on Wall Street helped improve investor sentiment, but with a higher yen against the dollar weighing on the market. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »
US stocks bounce, shrugging off economic doubtsNEW YORK: Wall Street stocks shrugged off doubts about the US economy and powered higher on Thursday (Mar 21), with Apple soaring ahead of an ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »
US: Stocks bounce, shrugging off economic doubts[NEW YORK] Wall Street stocks shrugged off doubts about the US economy and powered higher Thursday, with Apple soaring ahead of an expected product launch next week. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »
Banks, oil companies lift US stocksNEW YORK: Wall Street stocks finished higher on Monday (Mar 18), with gains from petroleum companies and banks more than offsetting another drop ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »
US: Banks, oil companies lift stocks[NEW YORK] Wall Street stocks finished higher on Monday, with gains from petroleum companies and banks more than offsetting another drop in Boeing shares. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »