The outlook for U.S. jobs data, along with growing worries about a recession, has weighed on the dollar index, sending it retreating.

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This week, the market is focused on the US labor market data, especially against the backdrop of growing concerns about the recession. Employment has become an important window for evaluating macroeconomic trends. The upcoming ADP employment data, scheduled for release on Wednesday, is expected to show that the US private sector added about 40,000 new … Read more

Nearly half of Americans fear a major recession – here’s what it could mean for you

Nearly half of Americans fear a major recession - here's what it could mean for you

A growing number of Americans are looking for the worst. A recent survey conducted by YouGov found 42% of Americans believe that the country will experience a “complete economic collapse” in the next ten years, while more than a third think that a civil war is likely (1). That level of pessimism reflects a broader … Read more