In case you missed it: How green is your recovery?

As daily Covid-19 cases surpass 60,000 in the US, markets are understandably concerned. Nonetheless, the UK went back to its beloved pubs this week and in our latest podcast, we focus on Chancellor Rishi Sunak’s latest measures and ask if they’ll be enough? Also, the ECB is going green, so we take a look at which countries are pushing for a green recovery

In this bundle

ECB preview: The breather meeting

Next week’s meeting should tell more about Christine Lagarde’s communication skills than about the future path of monetary policy

Bulgaria

Croatia

Bulgaria and Croatia set to join the lengthy ERM II process

Despite the current tide in European politics to slow EU expansion, Bulgaria and Croatia are proving more integration is possible. Ultimately, the…

Are European governments pushing for a green recovery?

Are European governments pushing for a green recovery?

Sustainability was already a hot-topic pre-Covid-19, but will this trend still continue or be abandoned? We focus on the European Commission's…

Credit

ESG to outperform in the long term

Despite little differential between green and grey at current spread levels, over the long-term, we expect ESG to outperform. ESG mutual fund inflows have…

and

United Kingdom

UK: What the Chancellor’s announcement means for the economy and sterling

The Chancellor's announcements are innovative but unlikely to completely change the game for either the UK economic outlook or the pound. We think the…

Green bonds fade while social bonds blaze

Credit

Sustainability

Green bonds fade while social bonds blaze

We estimate sustainability bond issuance to have reached the equivalent of €135bn in the first six months of 2020. While the issuance of green bonds…

and

Credit

National debt levels – A cautionary tale

The IMF's latest forecasts suggest a deeper contraction for 2020 with growth falling by 4.9% in 2020, followed by a muted recovery in 2021

Rates

Supply, rates and curve: What to expect in 2H20 and beyond

We probably haven't seen the last upward revision to European states deficits, but the ECB should absorb most of it. The duration and average maturity…

Zinc: A delicate supply status

Zinc prices spiked on the latest shipping issue from Red Dog Mine in Alaska, meanwhile, the mine supply from major disrupted mines in South America were…