Investors worldwide are concerned about a potential US recession following poor job data and tech firm results, leading to global market sell-offs and volatility.
Analysts are warning of fragility in large economies like Germany and Japan, with fears of recession triggering significant drops in stock indices.
The cost of Brent crude has decreased due to recession fears in major economies, with economic data releases in the US and UK being closely watched for further insights.
Market sentiment and volatility hinge on upcoming economic data to assess recession risks, consumer behavior, and business decisions, leading investors to a crucial evaluation phase.
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