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Asian stocks plunged Monday, with the Nikkei 225 dropping 12.4%, its worst daily loss since 1987, and entering a bear market.
The Nasdaq 100 entered correction territory on Friday, losing over $2 trillion in value in three weeks as traders unwound long-profitable bets.
The US labour market has been showing perplexing trends recently, marked by robust nonfarm payroll growth juxtaposed with a rising unemployment rate.
Oil prices are caught between Middle East turmoil and a global slowdown. Israel's killing of two Hamas leaders this week escalates conflict concerns.
Global equities fell Thursday as US data fueled economic worries, causing sell-offs on Wall Street and a major rout in European financial stocks.
Oil prices rose Thursday in early Asian trading after a Hamas leader's killing in Iran heightened fears of a wider Middle East conflict.
Fed officials are expected to keep the key interest rate steady this week, despite some economists suggesting July is the right time for a cut.
Gold prices remained above $2,400 as investors anticipated that the Fed might signal a September rate cut at this week's policy meeting.
European shares dipped Monday as investors were cautious at the start of earnings week, with the upcoming Fed meeting adding to uncertainty.
Norway’s krone hit a year-low on Monday. Despite delayed policy easing compared to peers, it’s the worst-performing G10 currency this year.
BlackRock and Allianz see a UK stock market turnaround, hoping an improving economy, lower interest rates, and political stability will help.
The euro hovered around a two-week high against the pound on Friday, despite data showing the UK's recovery is outpacing the eurozone's.
Stocks fell globally on Wednesday on disappointing Tesla and European luxury earnings, while oil prices struggled amid weak demand concerns.
Oil prices surged on Wednesday after dropping 2% to a six-week low due to hopes for a Gaza ceasefire and concerns about China's demand.
