Investors are in a wait-and-see mode ahead of the Trump-Biden first presidential debate in Cleveland, five weeks before the election.
Category: Features
Fresh COVID-19 restrictions to contain a surge in coronavirus cases in Europe raising doubts about a steady recovery.
Weekly jobless claims posted a surprise increase, the strongest signal yet that more fiscal support would be necessary to support the US labour market.
As the new rise in coronavirus cases is the biggest threat to the recovering economy from the recession PMI data would throw light on the pace.
Concerns about fresh pandemic lockdowns following another COVID wave in Europe dented the recent positive sentiment towards smooth economic recovery.