Global Scans · Recession · Weekly Summary

• [New] Oil prices spiked from $75 to over $130 per barrel within 48 hours, triggering fears of global economic recession. OpenWar
• [New] The WEF regional risk survey identifies economic recession, unemployment, and inflation as the top three risk concerns across ASEAN. KBA13 INSIGHT
• [New] Fears of a recession have fallen away, with economists saying Australia is set to safely navigate the biggest global oil supply shock in history even as they warn of substandard growth in the year ahead. The Guardian
• [New] The absence of a recession, solid profit growth, Trump likely to pivot to more consumer-friendly policies ahead of the mid-terms and the Fed and RBA likely to cut rates 2027 should result in okay overall returns. Propel Financial Advice
• [New] In a global recession risk scenario, GBP is likely to face external pressure from a stronger dollar, tighter financial conditions, and a less forgiving view of UK financing needs. investing.com
• [New] UK house price growth stalled for a second consecutive month in June as rising interest rates triggered by the war in Iran hurt homebuyer demand and agents warned of a summer slump. The Guardian
• [New] The # 1 question for the Asian construction sectors is how long will the Iran conflict last, will it cause inflation to spike in the next 3 to 6 months or perhaps a global recession. Compass International, Inc.
• [New] Higher interest rates, persistent inflation, or a global recession could push investors toward safer assets and reduce demand for cryptocurrencies. StealthEX

Last updated: 12 August 2026