Worries about a looming recession are dragging stock markets lower again.
There’s a raft of data on the way that could lessen or heighten those
concerns, most notably, the latest jobs report in the United States. But even
if there is some possibility of positive relief from next week’s releases,
central banks pose a downside risk to sentiment. The minutes of the
Federal Reserve’s and European Central Bank’s policy meetings will likely
reiterate their hawkish stance, while the Reserve Bank of Australia is
expected to deliver another double rate hike.
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