Market Insight August 02, 2020

Weekly Commentary & Strategy

Last week, global GDPs from U.S. to Europe were released, posting the sharpest quarterly downturn on record, driven by shutdown policies to combat the pandemic. On the bright side, the negative GDPs
mostly were better than estimated. The three big U.S. tech companies, i.e. Amazon, Apple and Facebook, released their results which were significantly better than expected…;