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home / news releases / flash pmi surveys hint at global economy starting re


RWIU - Flash PMI Surveys Hint At Global Economy Starting Recovery From Pandemic

The world's largest developed economies showed a further marked easing in the rate of decline in June amid another relaxation of restrictions designed to control the coronavirus disease 2019 (COVID-19) pandemic. Although output fell across the 'G4' developed economies, according to provisional 'flash' PMI data, the rate of contraction moderated sharply for a second successive month, rising to a level historically consistent with global GDP returning to growth on an annual basis.

Global economy shows signs of recovery from COVID-19

The IHS Markit Flash PMIs are early releases of survey data based on around 80%

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Stock Information

Company Name: Direxion FTSE Russell International Over US ETF Direxion Shares ETF Trust
Stock Symbol: RWIU
Market: NYSE

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