recession
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GBP/USD could revisit 1.25 as US recession confirmed
GDP was quite poor, so there won’t be a hattrick of 75 basis point hikes in September, that’s for sure.
US yield curve sees its deepest inversion since 2000: What does it mean for major markets?
If traders don’t have this scenario in their minds, they’re ignoring one of the biggest risk in markets right now...
Oil takes a hit as recession and Covid fears loom
The German ZEW and the continued on again/off again lockdowns in China are contributing to fears of a global slowdown or recession.
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EUR/JPY pushes lower as recession fears set in
In addition to EUR/USD moving lower, EUR/JPY could continue lower as well, as the Yen is also considered a safe haven currency.
US stocks drop as another consumer confidence barometer plunges
The slump in confidence was driven by a plunge in 'expectations' sub-index
Two trades to watch: FTSE, EUR/USD
FTSE edges lower with G7 is focus. EUR/USD rises on USD weakness
Poor PMIs underpin recession worries
This is the latest macro data to underscore worries about a sharp economic slowdown
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