Recession
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#SaxoStrats

with
#SaxoStrats

With leading economies starting to slow and key indicators in the risk zone, find out whether a global recession is on the horizon and how you can position yourself with Saxo.

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Are the charts pointing to a recession?

Having correctly predicted the last three recessions, a negative shift in US credit impulse is a reliable indication of a market downturn. Despite a recent move into positive territory, it’s still hovering dangerously close to the risk zone. Learn more

How to trade in bear markets

A simple buy-and-hold tactic is fraught with risk during a market downturn. By hedging existing positions, or investing in safe-haven assets, you can offset the risk of falling markets and focus on preserving capital. Find out more

Recession Watch: news and analysis

Stay up to date on the global economic outlook with expert insights from the SaxoStrats, our team of in-house analysts.

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Chart of the Week : Global trade data

Christopher Dembik

Our 'Macro Chartmania' series collects Macrobond data and focuses on a single chart chosen for its relevance.

IMF WEO Comment: France among the worst performing economies in 2020

Christopher Dembik

Yesterday, the IMF released its latest report on the global economy and the impact of the COVID-19 crisis, updating previous estimates published in April. Without much surprise, the IMF predicts a deeper contraction in global economy this year with recession reaching -4.9% followed by a weaker rebound next year at +5,4% vs prior +5,8%. France is ranked among the worst performing economies in 2020, with a GDP drop reaching minus -12.5% - which seems a bit too pessimistic considering that France suffered less from lockdown than initially anticipated.

Chart of the Week: OECD private sector confidence

Christopher Dembik

Our 'Macro Chartmania' series collects Macrobond data and focuses on a single chart chosen for its relevance.

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IMF comment: Zero growth in Asia this year

Christopher Dembik

Contrary to 2008, there is no desynchronization of global growth. While the rest of the world is facing a recession, Asia is doomed to experience zero growth this year for the first time in 60 years.

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Stay up to date on the global economic outlook, with expert news, insights and commentary from our team of in-house analysts.

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