empty
 
 
cn
支持
即时开户
交易平台
入金/出金

17.12.202014:03 Forex Analysis & Reviews: What may happen to economy in new year?

Exchange Rates 17.12.2020 analysis

This year has become a real challenge for the global economy. For the first time in more than 70 years, the economy fell into its deepest recession. However, recovery is set to begin in 2021, economists at IHS Markit said.

Experts are confident that successful vaccination against COVID-19 will contribute to economic growth, which could reach 4.5%. Economists explain their forecast by the fact that after the vaccination, travel and services will become a source of profit. Thanks to this, economic indicators will rise significantly in the second half of 2021.

Global GDP has lost 4% this year, however, it may grow by 4.5% in 2021, reaching a new high, experts are sure.

Experts also noted that the economies of different countries would recover unevenly. For example, China's economy revived in the spring of 2020, while European countries could reach pre-crisis levels only in 2023.

In addition, in 2021, the labor market situation may improve in many counties. Nevertheless, the unemployment rate is likely to increase in Western Europe amid cuts in government funding for employment support programs. Moreover, experts believe that in 2021, the attention of investors and authorities will switch from COVID-19 to the consequences of climate change. Perhaps the trend of environmentally and socially responsible investment may continue.

Kate Smirnova,
Analytical expert of InstaSpot
© 2007-2024
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

现在无法通话?
提出您的问题,用 在线帮助.