Markets bracing for bumps after choppy week

Focal point: People take pictures at the Wall Street Bull in New York City. Investors are pricing in more risk of a severe downturn in the US economy. — AFP

NEW YORK: A week of wild market swings has investors looking ahead to inflation data, corporate earnings and presidential polls for signals that could soothe a recent outbreak of turbulence in US stocks.

Following months of placid trading, US stock volatility has surged this month as a run of alarming data coincided with the unwinding of a massive, yen-fuelled carry trade to deal equities their worst sell-off of the year.