Page 15 - Latest Updates on Recession
June equity MF inflows drop 16% MoM to Rs 15,498 cr due to volatility
The figure is 18% below monthly average for the year; However, sustained inflows into SIPs endured for 16th straight month
 "June equity MF inflows drop 16% MoM to Rs 15,498 cr due to volatility")
Oil dips as investors torn by tight supply worries and recession fears
Oil prices slipped in early Asian trade after a rebound in the previous session, as investors remained torn between worries over tight global supplies and fears a recession could dampen demand
 "Oil dips as investors torn by tight supply worries and recession fears")
IMF Chief Kristalina says cannot rule out possible global recession
The IMF is expected to release its updated forecast for 2022 and 2023 in late July, after slashing its forecast by nearly a full percentage point in April
 "IMF Chief Kristalina says cannot rule out possible global recession")
Sri Lanka increases key interest rates to 21-year high to fight inflation
In an effort to fight inflation due to the ongoing economic crisis, the Monetary Board of the Central Bank of Sri Lanka's decided to increase the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 100 basis points to 14.50 per cent and 15.50 per cent, respectively.
 "Sri Lanka increases key interest rates to 21-year high to fight inflation")
Recession is the best time to invest; put money now: Trideep Bhattacharya
The first six to nine months of this year (till July or August) will see more volatility, and money making would be difficult, says the CIO-Equities of Edewleiss AMC
 "Recession is the best time to invest; put money now: Trideep Bhattacharya")
Oil prices rise by over $5 as tight supply outweighs recession fears
Traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium, which has been told by a Russian court to suspend activity for 30 days
 "Oil prices rise by over $5 as tight supply outweighs recession fears")
Where are crude oil prices headed?
West Texas Intermediate, or WTI crude futures slipped below $100 a barrel mark for the first time since May 11 on Tuesday. Is the era of high oil prices getting over, or was that a temporary blip?
 "Where are crude oil prices headed?")
Emerging markets post longest streak of monthly outflows since 2015: IIF
Emerging markets suffered a fourth straight month of portfolio outflows in June, notching the longest losing streak in seven years, as recession fears and inflation rattled investors, IIF data said
 "Emerging markets post longest streak of monthly outflows since 2015: IIF")
Global markets steady as euro steadies but recession fears remain
Tentative calm returned to global markets on Wednesday, with the euro steadying after dropping to a two-decade low and oil back above $100 a barrel
 "Global markets steady as euro steadies but recession fears remain")
Euro slumps to two-decade low, oil tumbles as recession fears intensify
The euro sank on Tuesday to its weakest level against the dollar in almost 20 years while oil futures tumbled and bond prices rose as investors sought safety
 "Euro slumps to two-decade low, oil tumbles as recession fears intensify")
Citigroup warns crude oil may fall to $45 a barrel by 2023-end
That outlook is based on an absence of any intervention by OPEC+ producers and a decline in oil investments
 "Citigroup warns crude oil may fall to $45 a barrel by 2023-end")
Many major economies to hit recession in CY23, says Nomura Holdings
The brokerage expects the euro zone, the UK, Japan, South Korea, Australia and Canada to fall into recession along with the US
 "Many major economies to hit recession in CY23, says Nomura Holdings")
Second half of 2022 starts with more declines in global stocks, yields
US Treasury yields tumbled on market expectations that US consumer prices will come down close to the Federal Reserve's inflation target.
 "Second half of 2022 starts with more declines in global stocks, yields")
Well begun, but US recession fears to hit Indian firms' foreign M&As
Bankers bullish on local acquisitions by India Inc in rest of FY23
 "Well begun, but US recession fears to hit Indian firms' foreign M&As")
Global factory growth feeble in June, feeding economic recession fears
Between central banks digging their heels in to counter inflation and growing fears there is absolutely no path to a soft landing for the global economy, there are few, if any, places to hide
 "Global factory growth feeble in June, feeding economic recession fears")
Oil prices fall on recession fears, on track for third weekly loss
Brent crude futures were down 43 cents, or 0.4%, at $108.60 a barrel by 0653 GMT, giving up earlier gains of more than $1
 "Oil prices fall on recession fears, on track for third weekly loss")
Asia's factories feeble despite China bounce, feeds global recession fears
China's manufacturing activity expanded at its fastest in 13 months in June, a private survey showed, as the lifting of Covid lockdowns sent factories racing to meet solid demand
 "Asia's factories feeble despite China bounce, feeds global recession fears")
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.
 "Top 5 factors that may set market direction in the second half of 2022")
Gold choppy as investors weigh rate hikes against recession risks
Gold prices in a shaky situation as price hikes have created recession concerns among investors
 "Gold choppy as investors weigh rate hikes against recession risks")
