At the end of March 2020, one of the craziest months any of us will have ever experienced, it is interesting to look at things in the monthly perspective.
Who knows where we’ll be at in one month’s time.
Oil prices stand at nearly $23 per barrel, a month ago it was more than double that.
The euro pound rate has gone on a rollercoaster ride over the past month - heading up to €1.20 for £1, then down to €1.05, before heading back up to €1.13 per £1.
Unemployment in the UK and Ireland was at a twelve year low, but has rocketed due to the pandemic in last two weeks of the month. Full official figures aren’t in yet, but one can imagine there will be a huge adjustment upward.
As stark as these economic indicators are, with all the other attendant QE and financial interventions that have taken place - there are glimmers of economic hope on the horizon even as we head into the uncertainty of April this year.
