The chances of a recession taking place within the next year are increasing.
Latin America’s investment climate is gradually deteriorating.
Protesters clashed with police at Hong Kong’s international airport on Tuesday evening after flights were disrupted for a second day, plunging the former British colony deeper into turmoil.
French shares edged up on Tuesday, with the benchmark Paris CAC 40 up 0.99 percent, or 52.76 points, to close at 5,363.07 points.
U.S. consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations that the Federal Reserve will cut interest rates again next month amid worsening trade tensions.
- U.S. inflation accelerates; Fed rate cut still expected (Reuters: Aug 13, 2019 at 1:12 PM)
The BSE Sensex is expected to face resistance early on Wednesday after climbing to their highest close in nearly seven months in the previous session, but the rally is unlikely to run out of steam.
U.S. stocks surged more than 1.5% on Tuesday after the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell phones, driving a 4% rally in shares of iPhone maker Apple Inc.
U.S. stocks opened slightly higher on Tuesday, starting off the day in red yet then bouncing back to erase the deep losses of the previous day, although the market has still been overshadowed by concerns over a potential recession.
The U.S. dollar took off on Tuesday morning, clobbering the Japanese yen, after the Trump administration said it would delay 10% tariffs on some Chinese products scheduled to begin next month, a significant concession in the trade conflict between Washington and Beijing.
U.S. stocks surged almost 2% on Tuesday as the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell phones, driving a 5% surge in shares in iPhone maker Apple Inc.