Covid-19, Asia’s lamentable green response, and a slow, slow recovery

The woeful environmental response in most Asia-Pacific countries is the pick of our reports this week from ING Research. We're including the full report and the main summary article. We examine the desperate GDP numbers from major countries as well as also trying to predict where next for rates

In this bundle

Asia’s lamentable green Covid-19 response

The Covid-19 crisis has offered governments around the world an opportunity for a total rethink on how their economies will operate in the decades to…

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Report

Asia’s lamentable green Covid-19 response

The Covid-19 pandemic has offered governments around the world an opportunity for a total rethink on how their economies will operate in the decades to…

and

Rates

Rates: where to now?

The move higher and steeper in global rates should extend further in the near term, up to 0.90% in 10Y US Treasuries. We see it as mainly technical and…

Prepare for another huge fall in Japanese GDP

Opinion

By Robert Carnell

Prepare for another huge fall in Japanese GDP

A fall of about 20% (annualised) in second-quarter Japanese GDP is not a big event these days - but for what it is worth, this is how we arrive at our…

The Netherlands

The Netherlands: Ouch, that GDP number hurts

Dutch GDP fell by 8.5% in the second quarter of 2020, delivering the worst performance ever recorded. Although the mechanics of the lockdown promise…

Eurozone industrial production recovers, but it’s far from completing the V

The mechanical recovery from lockdown remains underway and has not yet lost speed. This is encouraging, but at -11.6% below February levels, it is still…

China

China’s central bank unlikely to ease further this year

With such unexpectedly small credit growth, we believe China's central bank has used actions rather than words to let the market know that it…

Report FX

FX Talking

FX Talking: ‘Opportunistic reflation’ sinks the dollar

Much discussed in financial markets this summer is the drop in US real yields as the Fed keeps rates low, while US inflation expectations are on the rise.…

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