FlowBank

1354 days ago • Posted by Charles-Henry Monchau

A surge in Spain's virus cases

A second coronavirus wave is quickly emerging in Europe. Spanish officials are set to reimpose lockdowns in part of the country as virus cases surge. The one-week moving average of new COVID-19 cases in Europe shows Spain is becoming the epicenter once again (see chart below - source: Fathom Consulting). Watch out the IBEX index which broke key support level. 

#Macro
Watch out Spanish equities
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