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In case you missed it: First tentative steps towards normalisation

24 April 2020

As some countries take the first cautious steps to reopen their economies, we look at the risks of an uneven recovery. The ECB announced it would buy junk bonds too while some other central banks continue to cut rates. As for oil, our podcast indicates the worst may not still be over but prices will eventually trend higher over the second half of the year

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In this bundle

22 April 2020

Eurozone lockdown live: The risk of an asymmetric recovery

Judging from mobility data, the lockdown measures in the eurozone seem to have different impacts across the countries. With some countries easing the…

24 April 2020

Watch: Europe's uneven coronavirus recovery

Europe is facing an asymmetrical recovery from Covid-19 as countries prepare the first steps to economic recovery

ECB add fallen angels: More could follow

Credit

23 April 2020

ECB add fallen angels: More could follow

The ECB is to expand its collateral eligibility to fallen angels and we believe potentially all BB debt down the line. As long as a fallen angel was…

21 April 2020

What does negative oil mean for Asia?

The impact of negative oil means different things for different Asian economies - but if you have to generalise, it isn't great news

Listen: Why the Great Oil Crash may not be over

Podcast

23 April 2020

Listen: Why the Great Oil Crash may not be over

US oil prices have recovered some ground after tanking this week to historic lows. But the outlook for crude still looks bleak. In this podcast, ING's…

Report

23 April 2020

Asia FX Talking: Looking for a way out

The evolving narrative for much of the developed world is peaking Covid-19 cases leading to hopes for an end to lockdowns and the possible re-start of…

21 April 2020

GCC currency pegs: Unprecedented times, unprecedented measures?

These are unprecedented times in global energy markets. Does the crash in oil prices spell the end for Gulf Cooperation Council's 30-year-old currency…

CIS Sovereigns: Better positioned than 2014/15 but risks loom

Report

Credit Russia Ukraine

23 April 2020

CIS Sovereigns: Better positioned than 2014/15 but risks loom

Despite the substantial negative impact on growth and fiscal and external dynamics amid the dual shocks from Covid-19 and low oil prices, the CIS…

IBOR transition: €STR discounting delays due to coronavirus

Rates

20 April 2020

IBOR transition: €STR discounting delays due to coronavirus

The coronavirus pandemic is throwing a spanner in the works in the transition away from IBOR rates. Even though the end-2021 deadline has been confirmed,…

Quick take

Turkey

22 April 2020

Turkey: The CBT cuts for the eighth consecutive time

The CBT has extended its cutting cycle - against a backdrop of demand weakness, falling price pressures and the accommodative policy stance of global…

Brexit: Why an extension to the transition period still seems likely

United Kingdom

20 April 2020

Brexit: Why an extension to the transition period still seems likely

As UK-EU trade talks resume, the British government has insisted it won't ask to extend the 11-month transition period. But given the risks involved…

What have we learnt from the UK’s updated borrowing plan?

Rates United Kingdom

23 April 2020

What have we learnt from the UK’s updated borrowing plan?

There is much to learn from the UK's updated borrowing plan. We think it signals more borrowing is on the cards for developed countries, and that debt…

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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.
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