Global Markets Braced for Volatility as US Hiring Slumps and Iran Tensions Escalate

Key TakeawaysUS hiring has plummeted to 3.3%, a level comparable to the 2020 crisis and signaling a potential recession as labor’s share of GDP hits a record low of 53.8%.The Trump administration is considering direct military action against Iran’s Supreme Leader, while simultaneously weighing a proposal to allow "symbolic" nuclear enrichment to prevent a full-scale war.A new 10% tariff will be imposed on Washington’s partners who previously struck deals with the Trump administration, alongside fresh trade ...