AMONG the key data this week, the US Bureau of Economic Analysis will release its advance estimate of the US gross domestic product (GDP) for the first three months of 2020 on Wednesday.
Investors are on tenterhooks over the state of the world’s largest economy, with pundits widely expecting a contraction in the first quarter. The median result of a survey of Bloomberg analysts suggests a 3.7% contraction in GDP over the previous quarter.
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