Weekly Recap From Capital Economics

Services get pummelled in March; worse is to come Global Economics Update 24 March 2020  WRITTEN BY SIMON MACADAM The March Flash PMIs for advanced economies were dreadful. The composite PMI for DMs plummeted to a level just shy of its all-time low. With the lockdowns only getting underway, worse will come in April. Today’s…

Is A Bottom Retest Ahead?

The trading week in review kicked-off with more whimpering and selling pressure before rallying some 17% over the next 3 trading sessions. Unfortunately, the first trading day of the week was mirrored on Friday with more fear, selling pressure and as another risk-off weekend ensues. The book-ended down days for the week has been commonplace…...

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