Bloomberg News reports that the US stocks and bonds ended suddenly in August. The traders had recalibrated rate surge anticipations after the central banks worldwide promised to gear up their fight against inflation. The major indexes in the United States witnessed the worst scenario since June. Since April, the Treasuries have suffered the biggest loss as the Federal Reserve resolved the issue so it could stay hawkish. Oil posted a third-month decline, the longest losing streak in the last two years, hampered by slower global growth. Of late, the officials of the Federal Reserve have quashed hopes related to a dovish pivot, and it is a view that has helped many place bets that the current year's bear market has ended. Ever since this scenario took place, investors have been browsing through conflicting economic data to get a hint of policy-related clues. It was found that data related to job openings underscored tightness on Tuesday in the labor market, which revamped ADP data Wednesday, indicating that US companies increased the headcount at a relatively slower pace in August. Everyone has set their eyes on Friday's job report for further clues to get the paths of the central bank. The Fed has dumped the soft landing goal that it adopted, and instead, it now aims for a "growth recession," which would indicate that there would be a period of less growth and escalating unemployment. Rough Month Bloomberg News reports that inflation escalated to yet another all-time high in the Euro area, thereby strengthening the European Central Bank's case for considering a jumbo interest rate surge when it is scheduled to meet next week. Joachim Nagel, a member of the ECB Council, urged a "strong reaction." The money markets are priced in 125 basis points of tightening now from the ECB by October, which signals a hike in half points and a three-quarter increase in points, which is spread out on the two policy decisions of the next. With the escalating friction, investors have been contenting between Taipei and Beijing following shots fired by the Taiwanese soldiers to drive away civilian drones and for evaluation of the recent Chinese data, which implied a shrinking of factory activity for the second month. Covid outbreaks, the property segment crisis, and the power shortage have all taken a toll. Further Reading \t Trending Fashion for Girls \t IoT – the tech which is going to grip over the future \t Why You May Need Ambulance Cover?