Investors will be awaiting the International Monetary Fund’s updated forecasts for the global economy this week, which are expected to show a steep downward revision amid the impact of restrictions aimed at containing the spread of the coronavirus pandemic. U.S. figures on weekly initial jobless claims have been the key indicator to watch and will

With President Donald Trump warning that the U.S. now faces the toughest two weeks of the coronavirus pandemic and economic data beginning to lay bare the full impact of the lockdown investors are bracing for worse to come this week. The main focus will once again be on U.S. labor market, with Thursday’s initial jobless