Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Citi's economic surprise index for the United States has dipped below zero as the data continuously points to a slowdown in the economy. Manufacturing PMI, non-manufacturing PMI, Non-farm payroll report, all points to a slowdown in the month of August.
The real question is whether this is a temporary phenomenon or beginning of a fresh slowdown in economic activity. Lot many indicators are pointing to the increased possibility of a recession ahead.
Chart courtesy - Soberlook.com
