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Week Ahead – China to reveal virus damage on GDP as markets cling onto optimism

From xm.com

As much of the world is stuck in a lockdown, one country where life has started to return to normal will shed some light on the toll of the virus outbreak on its economy as China reports GDP growth estimates. The data could either spread misery or provide a glimmer of hope to those countries still heavily stricken by the coronavirus. US indicators will also be scrutinized as March numbers for retail sales and industrial production are released. But aside from these highlights, market sentiment will continue to be driven by virus headlines, with investors hoping to see signs that the spread is at least slowing in big ... (full story)

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  • Category: Fundamental Analysis