European Tech Stocks Gripped by U.S. Recession Fears

Aug 5 Reuters Shares of European tech and semiconductor stocks were down on Monday, as worries over a possible U.S. recession after soft data gripped financial markets and triggered a rush out of this year39;s topperforming stocks and into safehaven assets. The STOXX tech index was last down 4.1, making it the worst performer among sectoral […]
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JPY Surges to 7Month High as U.S. Economy Worries Mount

SINGAPORE, Aug 5 Reuters Japan39;s yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week by weak U.S. labour data that stoked recession worries and expectations of deeper rate cuts by the Federal Reserve. Friday39;s jobs data, coming on top of a string of weak earnings […]
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Gold Dips in Volatile Market but Retains SafeHaven Appeal

Palladium hits lowest since 2018 Platinum down more than 3 Stock markets tumble as investors flee risk Aug 5 Reuters Gold prices eased in volatile trading on Monday as investors liquidated positions in tandem with a broader equities selloff, though analysts said bullion39;s safehaven appeal remains strong as U.S. recession fears mount. Spot gold was […]
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