The Organisation for Economic Cooperation and Development’s (OECD) leading indicators suggest that major economies are expected to post their largest monthly contractions on record amid coronavirus lockdowns, Reuters reported, citing OECD’s publication. The OECD further noted that its indicators “are not yet able to anticipate the end of the slowdown, especially as it is not yet clear how long, nor indeed severe, lockdown measures are likely to be.” Market reaction The market mood remains sour on Wednesday with major European equity indexes erasing between 1.2% and 1.7%. 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 Thailand: Inflation prospects hurt by COVID-19 – UOB FX Street 2 years The Organisation for Economic Cooperation and Development's (OECD) leading indicators suggest that major economies are expected to post their largest monthly contractions on record amid coronavirus lockdowns, Reuters reported, citing OECD's publication. The OECD further noted that its indicators "are not yet able to anticipate the end of the slowdown, especially as it is not yet clear how long, nor indeed severe, lockdown measures are likely to be." Market reaction The market mood remains sour on Wednesday with major European equity indexes erasing between 1.2% and 1.7%. 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.
