The global economy is trying to step out from under the Covid-19 rubble. The US, Germany, and France are just some of the countries that are attempting to restart their respective economies this month, even as they survey the ruins left in the wake of the global pandemic.
30 million Americans have already lost their jobs in the span of six weeks. The Eurozone saw its sharpest economic contraction on record. Asia’s manufacturing capabilities are at their weakest since the Global Financial Crisis.
It’s clear that we are now in a global recession. But what remains in doubt is how deep and how long the economic contraction will last.
Amid the raging uncertainties, our in-house analysts are here for you in an effort to make sense of this “new normal”. Jameel and Han share their outlooks on various assets, namely Oil, EURGBP, and Netflix, while pointing out potential trading opportunities that may arise in this post-lockdown world.