Posts Tagged ‘GDP’

Week in Review: The Delicate Balance

On Thursday more than 150,000 new cases of the coronavirus were recorded, the highest single-day number so far. The new cases were mostly reported in the Americas, with significant numbers from South Asia and the Middle East. Countries globally are moving forward with the reopening of their economies, some more cautiously than others, as each…

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Week in Review: Covid-19 Resurgence Fears Dampen Sentiment

Global equities suffered their worst weekly decline in almost three months as fears of a second wave of infections along with the U.S. Federal Reserve’s economic outlook dampened investor sentiment. With economies slowly reopening and people making their way back to work, there have been growing fears of a resurgence of coronavirus infections. In the…

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Week in Review: US Jobless Rate Soars

The COVID-19 pandemic has devastated the jobs market in the U.S. and the world, with an April reading of labour conditions in the U.S. showing that a record 20.5 million people are out of work, bringing the unemployment rate to 14.7%, its worst level since the Great Depression by some measures, as businesses closed in…

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Week in Review: Markets Rebound Strongly in April

Despite stocks finishing mixed this week, global markets posted some of their best returns in decades during the month of April. A slowdown in new coronavirus cases and synchronized stimulus initiatives globally, improved sentiment from the March stock-market bottom. Volatility has also subsided from its recent highs but remains elevated. Economic data continues to point…

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