US Markets Wrap

US Markets Wrap: Recession will depend on productivity, labour costs and wage data


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Kathryn Rooney Vera, Chief Market Strategist at StoneX Group shares her insights on some of the latest corporate earnings reports, non-tech sectors to look at such as the industrials, materials, banks, Fitch Ratings' downgrading the US from AAA, a ranking the nation has held at Fitch since at least 1994 to AA+.

But most importantly, the key data coming up this week, such as July's ADP Non-Farm Employment Change and the Nonfarm Payrolls, to get a closer look at productivity versus labour costs versus wages - factors that will determine if the US can avoid a recession.

Presented by: Ryan Huang

Producer: Yeo Kai Ting ([email protected])

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US Markets WrapBy Money FM