Reopening vs resurgence

The easing of lockdown measures is helping economies recover from the deepest slump in a generation. But the virus is far from contained. Our economic monthly looks at whether the recovery will remain on track while our podcast focuses on one of the worst hit countries- Brazil. Plus, as the EU and UK battle it out over Brexit, is a trade deal slipping away?

In this bundle

Report

July Economic Update: From yesterday to tomorrow

The reopenings have led to a sharp rebound in activity, but new localised Covid-19 outbreaks have cast a renewed cloud over the global economic outlook…

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United States

US jobs: Don’t believe the hype

Another big upside surprise for payrolls of 4.8mn while the unemployment rate plunges to 11.1%. Great news, but it doesn't tell the whole story.…

United Kingdom

Post-Brexit trade deal still possible despite rollercoaster talks

Despite the latest round of UK-EU talks ending a day early, it's too early to conclude that the chances of a trade agreement are falling. We still…

United Kingdom

GBP: The ongoing disappointment

EUR/GBP broke through our quarter-end target of 0.91. We see more downside to sterling and expect EUR/GBP to trade above 0.92 this summer. As UK-EU…

Coronavirus: Saving differently, not equally

Report ING International Survey

Savings

Coronavirus: Saving differently, not equally

Covid-19 has caused massive disruption. The way we spend and save is no exception. But experiences are divided. Those with household savings are more…

China

China Quarterly Update: Technology v bricks and mortar

Lockdowns and social distancing measures are short-term issues for the Chinese economy as a result of the Covid-19 pandemic, but solutions for the…