Now: Fears of Recession Moving the Markets

The optimism on the recovery of the global economy coming from the hope and speculation after China starts to lifting the restrictions concerning Coronavirus unable to maintain its momentum. The positive sentiment during the Asia trading hour change into negative sentiment during the US trading hour.

One of the reasons of the fears is the potential recession that will blast the market because of the aggressive tightening policy by the Federal Reserve. The upbeat data from employment figure last Friday does support the potential possibility of continues rate hike as the jobs market show a great growth in the last few months.