scorecardresearchWorld stocks in red as consumers signal recession ahead

World stocks in red as consumers signal recession ahead

Updated: 29 Jun 2022, 02:32 PM IST
TL;DR.
A succession of weak data releases in Europe and the United States has not prevented central bankers from doubling down on hawkish rhetoric. More is likely later on Wednesday when the heads of the European Central Bank, U.S. Federal Reserve and Bank of England speak at a central banking forum.
Pedestrians stand in front of an electronic quotation board displaying the numbers of the World's stock market, including share prices of the Tokyo Stock Exchange (C, top) in Tokyo on June 14, 2022. (Photo by Kazuhiro NOGI / AFP)

Pedestrians stand in front of an electronic quotation board displaying the numbers of the World's stock market, including share prices of the Tokyo Stock Exchange (C, top) in Tokyo on June 14, 2022. (Photo by Kazuhiro NOGI / AFP)