Recession worries Financial News
07.08 / 08:46
Ether
Bitcoin
recession worries
Bitcoin, ether hit multi-month lows as recession worries take hold
Bitcoin and ether plunged on Monday to multi-month lows as worries over a possible U.S. recession in the wake of soft data gripped financial markets and triggered a rush to safe-haven assets. Crypto markets have gotten a boost this year after the U.S. Securities and Exchange Commission approved an exchange-traded fund to track the spot price of bitcoin and ether.
24.10 / 08:09
Reuters
Manufacturing
COMPOSITE
pandemic
show
2020
recession worries
Euro zone PMI hits lowest in nearly 3 years, stirs recession worries
LONDON (Reuters) — Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a survey showed, suggesting the bloc may slip into recession.
13.08 / 04:57
COST
UPS
Provident
Moodys
show
recession worries
Gold Prices
Gold prices continue to slide amid strong Dollar and diminishing recession worries
Gold prices declined for the second consecutive week as both the dollar index and US benchmark treasury yields rose. Concerns about the US banking sector's health and weak Chinese economic data led to a haven shift towards the dollar. Moody's Investors Service downgraded several American lenders, signalling potential concerns for a handful of larger firms.
25.07 / 08:41
economics
UK
Recession
recession worries
Weakest rise in UK private sector output for six months 'reignites recession worries'
The degree of positive sentiment regarding growth prospects among businesses for the year ahead is now the weakest since December 2022.
28.07 / 16:51
recession worries
Biden Faces Recession Worries After Six Months of Economic Contraction
WASHINGTON—Two straight quarters of economic contraction are putting the Biden administration on the defensive about the economy, as Republican opponents suggest the latest data indicates a recession is under way.
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