US indices ended higher on Tuesday, August 29, driven by positive reactions to the release of July's job openings and consumer confidence data pointing to cooling in the labour market and potentially impacting the Fed's hiking path.
From Gold to tech and Wall Street indices to banking stocks, this article delves into how each market sector and asset reacted in face of renewed recession fears driven by US jobs data.
Gold reached a 9-month high in recent trading due to concerns of a looming recession, supported by recent earnings reports and demand from China.
From Forex to big tech stocks and commodities, this article recaps July’s market highlights. Read about the market’s most affected sectors last month and the reason behind these falls.
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