The latest Thomson Reuters/INSEAD survey revealed that the business morale among the Asian firms rebounded from the lowest level in eleven years in the third quarter of 2020, although the coronavirus pandemic continues to cast a shadow. Antonio Fatas, Singapore-based economics professor at global business school INSEAD, said: “We’re recovering with a large dose of uncertainty. If it was just because of Asia, I think the numbers would be more positive but the reality is the world is not just Asia.” Key findings “Asian firms’ outlook for the next six months tracked by the Thomson Reuters/INSEAD Asian Business Sentiment Index jumped to 53 in the third quarter from an 11-year low of 35 in the second.” “More than two-thirds of the companies polled said they saw the pandemic, or a fresh spike in COVID-19 cases, as a top risk.” “About 14% said a global recession was their biggest concern, while the rest flagged uncertainty over the upcoming US election in November and other risks.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD risk reversals slip to two-month low on put demand FX Street 1 year The latest Thomson Reuters/INSEAD survey revealed that the business morale among the Asian firms rebounded from the lowest level in eleven years in the third quarter of 2020, although the coronavirus pandemic continues to cast a shadow. Antonio Fatas, Singapore-based economics professor at global business school INSEAD, said: “We're recovering with a large dose of uncertainty. If it was just because of Asia, I think the numbers would be more positive but the reality is the world is not just Asia.” Key findings “Asian firms' outlook for the next six months tracked by the Thomson Reuters/INSEAD Asian Business Sentiment Index… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
