Europe nearing normality Analysis

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Europe nearing normality Analysis http://ntvforex.com/news/?id=b7bcba | 8/12/2020 10:39:25 AM
Despite the increasing number of reported COVID-19 cases in Europ e, the p ast week's activity indicators have improved and now lie around normal levels. For the first time since March, the Bundesbank weekly activity index was positive, indicating economic improvement in Germany. Furthermore, German retail trade largely recovered from the drop reported last week.
Google mobility numbers have also improved and are back to near-normal levels in large parts of Europe. Spain and the UK lag behind in this regard, largely because of the stringency of their efforts to control the virus.
The infection rate in the US seems to have peaked but economic activity is still at very low levels. The p ast week ga...
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