In the July 2020 edition of the Market Update: Since the initial outbreak, COVID-19 has spread to over 210 countries, and estimates indicate it could trim global economic growth by between 3.0% to 6.0% in 2020. Cyclical indicators including PMIs and unemployment rates remain weak but are … [Read more...]
2020 June edition of Godfrey Pembroke Monthly Market Update
In the June 2020 edition of the Market Update: Key economies are attempting to avoid a resurgence in COVID-19 cases, but the World Health Organisation warned it continues to spread rapidly in some regions. Liquidity conditions remain favourable as central banks and governments continue to … [Read more...]
2020 May edition of Godfrey Pembroke Monthly Market Update
In the May 2020 edition of the Market Update: Shutdowns, isolation, and social distancing measures have had a profound impact on consumer-facing sectors and have resulted in large spikes in unemployment. Central banks around the world have embarked on unprecedented emergency lending and bond … [Read more...]
2020 April edition of Godfrey Pembroke Monthly Market Update
In the April 2020 edition of the Market Update: Large-scale fiscal and monetary stimulus is being deployed by governments around the world, as they deal with the economic impact of coronavirus The Australian government announced a raft of stimulus packages to support businesses and keep … [Read more...]
2020 March edition of Godfrey Pembroke Monthly Market Update
In the March 2020 edition of the Market Update: The impact of coronavirus is likely to weigh heavily on the US and other China-exposed economies The Australian government is preparing to release a targeted fiscal stimulus response to support economic growth and avoid a recession Rate cuts … [Read more...]
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