Page 6 - Us Recession

Oil prices head for weekly loss as recession fears trump tight supply

Brent crude rose 35 cents, or 0.3%, to $105.00 a barrel by 1045 GMT and U.S. West Texas Intermediate crude gained 19 cents, or 0.2%, to $102.92

Ford, Volkswagen-backed startup Argo AI bids goodbye to 150 employees

According to TechCrunch, the layoffs account for about 5 per cent of its more than 2,000 global workforces, according to sources familiar with the company's actions

Asian stocks track Wall Street gains as fears of economic slowdown cool

Japan's Nikkei index was up 1.23% at 26,817.24 in morning trade, its highest mark since June 29th

Wall Street says a recession is coming. Consumers say it's already here

Layered on top of the inflation squeeze are the mounting concerns about the outlook for economic growth, not just this year, but into 2023

Gold rises on bargain hunting after hitting weakest level since December

Gold prices are showing rising trends after dropping severely in previous months. This is owed to recession fears and rising oil prices, leading investors into frenzy

Bruised emerging markets are battle-ready for a recession in US

This time, the selloff in emerging markets began in the first quarter of 2021, a full year before it started in developed markets

Global stocks rise in holiday mood on resilient oil; Nikkei up 0.84%

Global stocks have risen banking on a US holiday mood, with oil prices recover based on tight supply balancing US recession fears

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

Top triggers likely to set market direction in second-half of 2022

Investors complete the first half of CY2022 with burned pockets. All eyes are now on what the remaining six months will look like. Take a dive into the factors that may set the market's direction

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