India, April 1 -- Concerns about a recession in the United States came to the fore on Tuesday amidst key economic data releases. Anxiety ahead of fresh tariff announcements from President Donald Trump also added to markets' nervousness.
Data released just a while ago showed manufacturing PMI in the U.S. declining to 49 in March from 50.3 in February and missing forecasts of 49.5. U.S. job openings in February also came in below forecasts weakening sentiment.
Wall Street Futures are trading deep in the red. European benchmarks are trading with strong gains. Asian markets also mostly gained.
The six-currency Dollar Index extended gains. Bond yields mostly eased. Crude oil prices edged down. Gold touched a fresh high again. Cryptocurrencies...