Article preview: In our latest monthly investment update for May 2020, we take a look at how the global investment markets, economy and commodities are performing. The FTSE 100 index of leading UK company shares closed at the end of April at 5,901.21, rising by 229.25 points or 4.04% during the month. Global markets started the month in negative territory following rhetoric from US President Donald Trump, threatening a new trade war with China. Trump made the threat in retaliation for China’s alleged poor handling of the novel coronavirus outbreak. Despite offering no evidence, Trump claimed to have seen proof that the virus originated in a Chinese laboratory. With the US economy already suffering due to the pandemic, rising tensions between the two nations could cause further damage to the US economy and market confidence.
May 2020 Investment & Economic Update
This 854-word blog is our latest monthly investment update for May 2020, we take a look at how the global investment markets, economy and commodities are performing. Written on 3rd May 2020.
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