Making waves: Covid-19 and the US presidential election

Watch: What a Biden economy might look like

ING's James Knightley on what a Biden presidency, should it happen, could mean for the US economy

Global market implications of the US elections

Uncertain results continue to weigh on sentiment but we see a Biden presidency and a divided Congress, our central scenario, as a constructive outcome for…

November Economic Monthly: Navigating a sea of waves

Hopes of a 'blue wave' in the US election are giving way to concerns over a second wave of Covid-19 across several major economies. This poses…

US: Groundhog Day

Indications point to a Joe Biden presidency, absent the 'blue wave' that markets had been anticipating. Political animosity means a substantial…

FX markets: Lowering your sights

FX markets have reacted to news of a much closer US election by selling currencies most exposed to the global recovery story and buying USD and JPY.…

Rates: You think you’ve seen it all? Wait for it…

Picture what many term the most important US election in living memory. Frame it within a global pandemic not seen in 100 years. Add massive supply to get…

Asia escapes fresh Covid waves and remains in better shape

From Asia, the pandemic situation in Europe and the US looks bad and threatens the regions' exports. But the absence of a second wave (or third where…

China’s next five-year plan starts in 2021

The Chinese government's views on technology development are the most important feature of China’s 14th five-year plan, which begins in the new…

US: Fed could yet be called into action

Unsurprisingly, given ongoing vote counting, the Fed chose not to rock the boat and has left monetary policy and its communications unchanged. They stand…

UK: Lockdown to shave 6-7% off November GDP

We expect the return of lockdowns in England will shave upwards of 6% off November GDP, and all-but-guarantees a QE top-up by the Bank of England this…