Webcast 021 | Fall in Q4?

Why we won’t see the big recovery this Autumn  |  Delta Economics is seeing a mild pickup in trade in October. While this will not appear in official data until December, we believe that it will be strong enough to create stronger October PMIs and may prevent analysts and economists from further downgrading their forecasts for Q4 2014. However, the October increase is a blip and generally trade is likely to underperform in November and December. This will affect markets as they begin to realise that economic fundamentals are not pointing to strong global recovery.



Webcast 021 Author  |  Rebecca Harding  |  CEO