Page 4 - Us Recession

Top 5 factors that may set market direction in the second half of 2022

Investors are now looking toward potential triggers that may set the likely trajectory for equity markets in the second half of 2022.

World shares at higher trend as IMF foresees US dodging recession

European shares were trading higher Monday after a day of gains in Asia. US futures and oil prices also advanced. Leaders of the Group of Seven leading economic powers pledged financial, humanitarian and other support for Ukraine. Conferring by video link with Ukrainian President Volodymyr Zelenskyy, they were finalising a deal to seek a price cap on Russian oil, raise tariffs on Russian goods and impose other new sanctions. Details were to be sorted by finance ministers, according to a senior US official who spoke on the condition of anonymity to preview announcements from the summit. Markets seemed unfazed by the possibility that Russia may have defaulted on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system amid its war in Ukraine. Russia faced a Sunday night deadline to meet a 30-day grace period on interest payments originally due May 27. But it could take time to confirm a default. Germany'

Recessions in advanced economies may help cool inflation in India

Recessions in advanced economies may benefit India in a "perverse way" as a moderation in global commodities prices will help cool domestic inflation, according to Citigroup Inc

US economy will narrowly avoid recession in 2022 and 2023, says IMF

"We are conscious that there is a narrowing path to avoiding a recession in the US," Georgieva said. "We also have to recognize the uncertainty of the current situation"

Recession certainly a possibility, says Powell; global growth outlook weak

'The central bank was not trying to engineer a recession in the United States to stop inflation but was fully committed to bringing prices under control even if doing so risks an economic downturn'

US recession fears darken outlook for Japan and global factories

Australia's manufacturing activity held steady this month, data showed on Thursday which, together with Japan's figures, come ahead of a string of European and U.S. purchasing managers' index

5 reasons why BofA Securities has cut year-end Nifty target to 14,500

Clarity on macro and monetary policy outlook in the US/India, it said, is the silver lining that could see markets bottom out by August/September 2022., it said

IT analysts in wait-and-watch mode as experts see mild recession in the US

Analysts predict that if a slowdown does happen by 2022-end, the impact will be seen only in second half of FY23

Risk of US recession now higher and more front-loaded, warns Goldman

The Goldman economists now see a 30% probability of entering a recession over the next year, compared to 15% previously, and a 25% conditional probability of entering a recession in the second year

US likely to fall into recession as Fed Reserve raised rate hike: Nomura

Nomura warns that financial conditions will tighten further, consumers sentiment is souring, energy and food supply distortions have worsened and the global growth outlook has deteriorated

Oil prices stable as market balances recession fears with tight supply

Oil prices have neutralised owing to the balance of recession fears with tight supply in world markets

Fed Reserve's aggressive rate hikes raise likelihood of recession

US Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession. A worse-than-expected inflation report for May consumer prices rocketed up 8.6 per cent from a year earlier, the biggest jump since 1981 helped spur the Fed to raise its benchmark interest rate by three-quarters of point on Wednesday. Not since 1994 has the central bank raised its key rate by that much all at once. And until Friday's nasty inflation report, traders and economists had expected a rate hike of just half a percentage point on Wednesday. What's more, several more hikes are coming. The soft landing the Fed has hoped to achieve slowing inflation to its 2 per cent goal without derailing the economy is becoming both trickier and riskier than Powell had bargained for. Each rate hike means

US Fed's biggest rate hike since 1994, Wall Street sounds a recession call

The Fed hiked its policy rate by 75 basis points Wednesday to a range of 1.5% to 1.75%, as officials intensified their battle against inflation that's remained stubbornly high

Will 75 bps US Fed rate hike trigger another market selloff?

Soaring inflation and recession fears pose a dilemma before the US Fed on the quantum of rate hikes without derailing growth. Find out if investors would be able to withstand the likely market rout

Oil prices rise as tight supply counters China Covid, recession worries

Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh Covid-19 curbs in China

Wall St slips into bear market amid war, inflation: Here's what that means

Wall Street opened the week with heavy losses that put the benchmark S&P 500 at a level considered to be a so-called bear market. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China's economy have led investors to reconsider what they're willing to pay for a wide range of stocks, from high-flying tech companies to traditional automakers. Big swings have become commonplace and Monday was no exception. The last bear market happened just two years ago, but this would still be a first for those investors that got their start trading on their phones during the pandemic. Thanks in large part to extraordinary actions by the Federal Reserve, stocks have for years seemed to go largely in only one direction: up. The buy the dip rallying cry after every market slide has grown fainter after stinging losses and severe plunges in risky assets like cryptocurrencies. Bitcoin fell below $23,000 on Monday. The price for Bitcoin neared $68,000 late last year. Here are ..

Bitcoin falls to record-low of $21,000 over worrying inflation data

Top cryptocurrency Bitcoin (BTC) further nosedived to around $21,000 per coin on Tuesday, a level it saw some five years ago

Asian stocks slide as recession fears send Wall St into bear market

Asian shares tumbled on Tuesday after Wall Street officially entered bear market territory and bond yields hit a two-decade high

Oil bounces around as tight supply offsets China, recession fears

Oil prices seesawed in positive and negative territory, holding up despite recession fears and potential new Covid-19 curbs in China that could dampen demand as the market remains tightly supplied

US equities tumble, S&P 500 confirms bear market as recession worry grows

US equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, as fears grow that the expected aggressive Fed rate hikes would push the economy into a recession