A pedestrian walks past a display board showing the morning numbers on the Tokyo Stock Exchange along a street in Tokyo on August 5, 2024. Richard A. Brooks | Afp | Getty Images A rapid unloading of “carry trades” extended on Monday, with market participants seeking to roll back on the popular strategy amid a … Read more
Global stock markets are in the grip of a deepening rout, prompting investors to turn to one of the most historically accurate indicators to determine whether the U.S. economy is in recession. The so-called “Sahm rule” has observed without fail that the initial phase of a recession has started when the three-month moving average of … Read more
A stock exchange in Germany. Torsten Silz | AFP | Getty Images LONDON — European stocks fell sharply at the start of Monday’s session, as global volatility continues amid concerns of a looming U.S. recession. The regional Stoxx 600 index was 2.2% lower by 9:24 a.m. London time, with all sectors and major regional bourses … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, Feb. 6, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets continued Friday’s sell-off as investors awaited key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India. Japan’s markets led losses in the … Read more
The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images LONDON — European stocks extended losses on Friday amid a global downturn, as weak U.S. economic data sparked fears of a recession. The regional Stoxx 600 index shed as much as 2.3% … Read more
A trader works on the floor of the New York Stock Exchange (NYSE) on August 1, 2024 in New York City. New economic data showed initial jobless claims rose the highest in a year and a manufacturing index that measures factory activity in the U.S. came in worse than expected, causing renewed worries of a … Read more
An electronic stock board displayed inside the Kabuto One building in Tokyo, Japan, on Thursday, June 27, 2024. Bloomberg | Bloomberg | Getty Images Japan’s Nikkei 225 nosedived 5% on its open, with most Asia-Pacific markets lower after a sell-off on Wall Street overnight. The Nikkei extended its 2.62% slide on Thursday to lead losses … Read more
General view of the Bank of England building in London. Sopa Images | Lightrocket | Getty Images LONDON — European markets closed lower on Thursday as investors processed a raft of central bank action and fresh U.S. economic data. The pan-European Stoxx 600 index provisionally closed 1.29% lower. All major regional bourses and most sectors … Read more
