ID:
1605281994207687900
Fri, 2020-11-13 19:00
The week that was:
Markets displayed the usual coronavirus disease (COVID-19) yoyo, rallying on news that a vaccine was 90 percent effective and losing some of their gains once the reality of manufacturing and distribution set in.
The Eurozone economy grew 12.7 percent in Q3 according to Eurostat. This is hindsight; the new restrictions and lockdowns across the continent will adversely affect GDP numbers going forward.
India’s GDP contracted 8.6 percent during 3Q, compared to 24 percent during 2Q, putting the economy into recession.
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