The Covid-19 crisis: Finally, some good news

'Stupendous', 'joyous', 'stunning' - Donald Trump can't quite believe the latest US jobs numbers and our man in New York nearly fell off his chair when the NFPs came in. But the week was dominated by more crisis help from the ECB and increasing concerns for Europe's periphery. We also look at the prospects for the US election and, er, Brexit's back

In this bundle

US: Jobs - simply astonishing

Somehow the US jobs market has come back from the brink with employment surging 2.509 million despite none of the labour demand surveys suggesting this…

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US Politics Watch: Biden – His Time?

The Covid-19 pandemic, and protests over the police killing of George Floyd, have transformed the political and economic landscape in the US. In our…

ECB: More bang and the return of the compass

The ECB has increased its PEPP programme by 600bn euro but the weak inflation outlook leaves the door open for additional stimulus in the future

Periphery in peril: Lockdowns, weaker safety nets and structural challenges pose grave risks to the recovery

The initial shock to the eurozone economy from the Covid-19 pandemic was very symmetric as all countries went into lockdown at roughly the same time. But…

and

Watch: Are the markets right to be worried about Brexit… again?

We're expecting another update on the torturous Brexit negotiations between Britain and the European Union on Friday. While there are some hopes of…

USD: Wake up and smell the (bearish) coffee

The continuing rally in commodity currencies and a generally weaker dollar across the board could still feel like a short squeeze in those accounts…

and

US Treasury FX report preview: Three and a half manipulators

The Treasury is delaying its currency manipulation report, possibly on the back of new tensions with China - which might be labelled again despite not…

OPEC+ set to meet again

There are growing expectations that OPEC+ will prolong current cuts for at least another month, which will help to speed up the rebalancing of the oil…