The U.S. has a vastly higher death rate.
Both cases and deaths numbers indicate that the global pandemic has returned to an accelerating phase.
Overall, BRIC block activity indices imply lagging momentum in the recovery in services, and faster than global pace of recovery in manufacturing.
3Q 2020 reading is consistent with the BRIC block services sectors recovering only partially from the pandemic lows
BRIC Manufacturing Activity Index stood at 53.0 in 3Q 2020, above the Global Manufacturing Index (51.6) and up on 45.0 in 2Q 2020.
EU27 and the U.S. deaths counts are now running above the levels at which Winter 2020 lockdowns were imposed
We are in a continued state of global pandemic still raging unabated.
Businesses are planning to prioritize deployment of technology in addressing long-term change in response to the current pandemic.
Eurocoin, a leading growth indicator for the euro area published by CEPR and Banca d’Italia posted another negative (recessionary) reading in September (-0.31) after marking peak growth contraction of COVID19 pandemic period in August (-0.64). Th…
Current reading signals the fastest q/q growth in the sector since 1Q 2011, but the data on the key driver is unreliable.