Wall St futures dive as deflation in China, US slowdown spark fears of global recession

Quick Summary:

TOKYO, March 10 — Wall Street futures sank and the safe-haven yen strengthened early on Monday as building deflationary...

Meanwhile, Trump in a Fox News interview on Sunday declined to predict whether his tariffs on Canada, Mexico and China would result in a US recession.“There’s no shortage of possible catalysts” for early weakness in markets, said Kyle Rodda, senior financial markets analyst at Capital.com.“Most of all though, I think it’s Trump’s cavalier approach to economic policy that’s rattling sentiment,” Rodda said.“Unlike during his first administration, where signs of an economic slowdown or market correction would see a pivot on policy, he is genuinely focused on significant, structural change to the economy – even if it comes at the expense of short-term growth.

That extended a recent run of soft readings for the world’s biggest economy.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaCanadaChinaMexico

Topics: Wall Street Recession Us recession Trade war Shares Us stocks Stocks Trump tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 10:10:15 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 264 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 26800140

View Article Analysis

About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 5 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 32 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

Frequently Asked Questions