Global Scans · Recession · Weekly Summary

• [New] A deterioration in Canadian housing, rising consumer delinquencies, weaker business borrowing, changing Bank of Canada policy or a domestic recession could affect several of them simultaneously. investing.com
• [New] Britain's economy could be sent into a recession in 2027 if the crucial Strait of Hormuz remains closed into 2027. The Independent
• [New] The IEA now projects a 1.6 million barrel-per-day demand slump for the year, while OPEC trimmed expected growth to 580,000 barrels per day, reflecting the impact of the ongoing Strait of Hormuz disruptions and stalled U.S.-Iran negotiations. Polymarket
• [New] The OECD has downgraded its global growth outlook, warning that rising energy prices, geopolitical tensions and persistent inflation are weighing on the world economy and could push several countries into recession if disruptions continue. Yahoo! Finance
• [New] Broader concerns about global recession risk or demand erosion from electric vehicle adoption have added complexity to the 2026 demand picture. Mudrex Learn
• Oil prices spiked from $75 to over $130 per barrel within 48 hours, triggering fears of global economic recession. OpenWar
• The WEF regional risk survey identifies economic recession, unemployment, and inflation as the top three risk concerns across ASEAN. KBA13 INSIGHT
• 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
• 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

Last updated: 26 August 2026