Related news

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  Market outlook: July 2020

  COVID-19 outbreaks in Europe and the difficult situation in the US and Latin America may slow down economic recovery. The implementation of selective measures of social distancing could predominate, to try and avoid the confinements of spring. The strength and speed of the announced economic measures (monetary and fiscal) could protect markets from the worst-case scenario. This is a cyclical recession, with a sharp drop in supply and demand, but it will be different in nature from the 2008/09 crisis. The European Union could approve the recovery fund in mid-July, with positive economic and political repercussions.

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  Market outlook: June 2020

  The developed economies are gradually reopening but the downward revision of economic growth in 2020 continues for now. There is an increasing likelihood of recovery and economic growth returning in the third quarter. The strength and speed of the announced economic measures (monetary and fiscal) could protect markets from the worst-case scenario. This is a cyclical recession, with a sharp drop in supply and demand, but it will be shorter and different in nature from the 2008/09 crisis. The European Union is negotiating a recovery fund with positive political repercussions in terms of cohesion and the European project.