The escalation of COVID-19 cases in the U.S. is putting the markets on edge, but isn’t enough to dislodge increased positive investor sentiment for now.
This is, however, leading Derek Halpenny, Head of Research for Global Markets, to believe risks are to the downside.
This week also sees Derek delve into how mobility data is showing how Europe is managing the spread of COVID-19 in a way which is instilling greater confidence than the U.S., and why all eyes are on NZD and Canada’s debt riddled economy.