Global Shares Falter Amid Economic Growth Concerns As Fed Rate Cuts Anticipated

Global markets struggled as economic growth concerns weighed on investor sentiment. Chinese data showed a surge in exports but weak imports, hinting at fragile domestic demand. U.S. labor market slowing and inflation subsiding boosts expectations for Federal Reserve rate cuts. Wall Street rebounded, but volatility looms.

Global markets took a hit on Tuesday, with shares struggling to find momentum from Wall Street's earlier rally due to mounting worries about economic growth. Investor concerns were stoked by Chinese data showing rapid export growth but weak domestic demand, causing commodities like copper and crude to dip.

China's frail domestic demand was further highlighted by Monday's inflation figures, which kept alive hopes for more stimulus from Beijing. This economic uncertainty dragged down Asian shares and impacted commodities prices, reflecting broader market anxieties.

Attention now turns to the Federal Reserve, as traders anticipate a series of interest rate cuts following last week's disappointing U.S. job report. The upcoming U.S. inflation report on Wednesday is expected to provide more insight into potential monetary policies, injecting further volatility into the markets.

(With inputs from agencies.)