Bill Diviney, a Senior Economist at ABN Amro, is now tracking air passenger throughput at airports, coal production, and railroad freight transport among others in the US. Key quotes “All show markedly lower rates of activity than in the same periods of previous years, with the most striking change visible so far coming in air travel. Passenger numbers were already half that of the equivalent 2019 levels, having steadily declined from 100% of 2019 levels at the beginning of March.” “Coal production is around 80% of 2019 levels, and railroad freight is around 90% of 2019 levels.” “Over the coming days and weeks, we are likely to see further significant declines in these types of activities, as the effects of lockdowns and dramatically reduced consumption and production ripple through the economy.” 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 Gold: Stronger US dollar crimps appetite – ANZ FX Street 2 years Bill Diviney, a Senior Economist at ABN Amro, is now tracking air passenger throughput at airports, coal production, and railroad freight transport among others in the US. Key quotes “All show markedly lower rates of activity than in the same periods of previous years, with the most striking change visible so far coming in air travel. Passenger numbers were already half that of the equivalent 2019 levels, having steadily declined from 100% of 2019 levels at the beginning of March.” “Coal production is around 80% of 2019 levels, and railroad freight is around 90% of 2019 levels.” “Over the coming… Regulated 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.
