Market Overview

US Economic Data Mixed, Market Turns Focus to Non-Farm Payroll
U.S. economic data released Wednesday painted a mixed picture, with growing concerns over economic momentum. The Q1 2025 Preliminary GDP came in at -0.3%, sharply down from +2.4% in Q4 2024 and well below market expectations—fueling fears of a potential recession. On the inflation front, the March PCE Price Index showed further easing. Headline inflation dropped to 2.3% YoY (from…
