Growth fears grip markets as US recession worries hurt the dollar – business live
Analysts warn that the idea of a ‘Trump put’ may be dead after losses on Wall Street, as US dollar hits lowest since last November’s electionGlobal stock markets register heavy falls as White House tries to talk up Trump tariffsAcross other Asia-Pacific markets, South Korea’s KOSPI index is down 1.1% and Australia’s S&P/ASX 200 has lost 0.9%.Stephen Innes, managing partner at SPI Asset Management, reports:While the panic button hasn’t been hit just yet, market sentiment remains fragile as Wall Street’s once-bullish bets are being tempered by escalating fears that aggressive tariffs and sweeping government spending cuts could derail U.S. growth. Continue reading...
Analysts warn that the idea of a ‘Trump put’ may be dead after losses on Wall Street, as US dollar hits lowest since last November’s election
Across other Asia-Pacific markets, South Korea’s KOSPI index is down 1.1% and Australia’s S&P/ASX 200 has lost 0.9%.
Stephen Innes, managing partner at SPI Asset Management, reports:
While the panic button hasn’t been hit just yet, market sentiment remains fragile as Wall Street’s once-bullish bets are being tempered by escalating fears that aggressive tariffs and sweeping government spending cuts could derail U.S. growth. Continue reading...
