Global Markets Brace for Losses Amid US Slowdown Fears, Rising Middle East Tensions

Global markets are anticipating losses due to concerns over a potential US economic slowdown and the possibility of the Federal Reserve lagging behind on rate cuts. This apprehension stems from weak US job growth data and negative market signals, including Berkshire Hathaway`s reduced stake in Apple Inc. Adding to the uncertainty is escalating tension in the Middle East, which has boosted oil prices but negatively impacted markets in the region. The Japanese market is also experiencing a downturn due to anticipated interest rate hikes. These factors combined are contributing to heightened market volatility and fears of a recession.