Data in the global economy deteriorated further

Consolidation sentiment continued to dominate markets last week as investors prepared for important economic data, as data has reflected the results for March and in part for the first weeks of April, and the data was mostly very weak. So far, the global economy is showing no signs of recovery and indicators are only further deteriorating. As an example, the forecast for the change in GDP prepared by the Atlanta branch of the U.S. Federal Reserve after Friday's data showed a -35% decline in the country's economy in the second quarter of 2020.Forex & CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this providerRead more at https://admiralmarkets.com