Fears of an impending recession, stoked by tighter monetary po | Value investing and swing trading(money markets academy)

Fears of an impending recession, stoked by tighter monetary policy to rein in inflation, sank stocks around the world. The benchmark indices in


The benchmark indices in Japan and Australia fell 2% each while South Korea's lost 1%. US futures were steady after the S&P 500 closed at its lowest in 18 months.

As of 6:45 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--was 0.19% higher at 15,340 points.

The US dollar rose after the worst two-day drop since 2020. Elsewhere, Bitcoin fell toward the $20,000 level. Oil was volatile due to tight supplies. Gold pared a rally.