End game
23 March 2020
A three-pronged approach is needed to try and understand the financial markets in these extraordinary times.
3 min read
23 Mar 2020
Economic Highlights
Welcome to our Economic Highlights, bringing you market updates from across the UK, US, Europe and China, as well as the FTSE weekly winners and losers.
It remains too early to be able to see reliable evidence of the effects of COVID-19 in the economic data. Citigroup’s Economic Surprise Index remains in positive territory, for example. We know there is a tsunami of bad news to come, perhaps starting with this week’s Weekly Jobless Claims data from the US on Thursday. This will be a very useful series in monitoring the speed and extent of dislocation in the world’s largest economy. We will return to the usual format once we see meaningful evidence beginning to emerge.
Source: FactSet
Source: FactSet