Covid-19: The world’s slow, uneven recovery

What does the European leaders’ agreement mean in practice for the continent’s Covid-19 recovery? And what next for America as a Republican stimulus packed is delayed? The Fed meets next week as housing in the States rebounds. Here’s our roundup of the top stories from ING Research

In this bundle

EU summit: A historic deal reached

A marathon negotiation has resulted in an agreement on the EU budget and recovery fund. It is a significant step of solidarity and integration, but the…

and

The economic impact of Europe’s audacious recovery plan

The EU's Recovery and Resilience Fund is no game-changer for economic growth, but it's no paper tiger either. It will nudge the recovery in the…

FX implications of the EU Summit

With plenty of good news priced into euro ahead of the EU summit, the reaction to the agreement today was limited. Yet, we don’t expect a…

CEE implications from the EU recovery fund

CEE implications from the EU recovery fund

EU recovery fund and the EU budget is positive for the CEE region with the EU transfers into CEE in the 2021-27 period rising vs the prior budget. As the…

, and

United States

US housing market bounces with a capital “V”

As the debate goes on about the shape of the overall US economic recovery, in the housing market there is little doubt it is a “V”. This has…

United States

US: Labour market strains intensify

A pick-up in jobless claims underlines the economic pain from renewed Covid containment measures in many states. A more pressing issue is what will happen…

EM sovereign debt: No time to be complacent on fallen angel risks

EM sovereign debt: No time to be complacent on fallen angel risks

Amid the pandemic and oil price collapse, fundamentals of emerging market sovereigns have come under pressure across the board, resulting in a peak of 28…

and

European oil and gas majors: The road to a green business model

Report Commodities, Food & Agri

Energy

Sustainability

European oil and gas majors: The road to a green business model

European energy companies have announced new strategies which include a shift towards greener business models. In this report, we look at some of the…