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Week Ahead: Stimulus And Trade Deal Losing Momentum?

Trade News by Trade News
May 3, 2020
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Another Wild Week Ahead

It’s sometimes easy to forget just how unusual these markets are that we’re witnessing on a daily basis. They’re contending with economies around the world that only two months ago were in the best shape they’ve been in for years, a global pandemic that’s wreaked havoc across the globe, unprecedented fiscal and monetary stimulus and an enormous amount of uncertainty to cap it off, leading many companies to not even bother offering guidance as they simply don’t know.

When you weigh all of that up, it’s hardly surprising the levels of we’re seeing on a daily basis. Last year we thought a trade war between the US and China and no-deal Brexit could destabilize the global economy. Now we could be headed for both on top of everything else (granted, we’re far from that situation at the moment, but still).

This week was eventful. Next week, all we have to contend with is the (and figures with April’s total above 30, yes thirty, million), …



Source investing.com

Tags: aheaddeallosingmomentumstimulustradeweek
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