Chart of the week
Problem based learning

Sign up and get unlimited access to our articles. It’s free and easy.

Latest articles
Global
Africa
Europe/CIS
Asia
MENA
LatAm
Macro Analysis / South Korea

Korea 3Q20 GDP 1.9%QoQ

We will focus on the quarterly growth figures as the year-on-year numbers are still totally dominated by the declines in activity that we have seen following the Covid-19 pandemic. And gross fixed capital formation slid at a faster rate of -1.9%QoQ,...
ING Think
ING Think 27 October 2020
Korea 3Q20 GDP 1.9%QoQ
Korea 3Q20 GDP 1.9%QoQ
Macro Analysis / Global

COVID-19 and migrant remittances: Supporting this essential lifeline under threat

In Africa, one out of five people sends or receives international remittances. Worryingly, under COVID-19, precarious working conditions facing expatriates and operational difficulties facing remittance service providers (RSPs) have resulted in a maj...
Brookings
Brookings Programs - Global Economy and Development 26 October 2020
COVID-19 and migrant remittances: Supporting this essential lifeline under threat
COVID-19 and migrant remittances: Supporting this essential lifeline under threat
Macro Analysis / Global

Rethinking aging societies: Growing young as you get old

Agingis often mentioned as one of the most importantchallengesfaced bysocieties in the industrialized world. On the one hand, anaging workforce isseen as a burden foreconomic growthand the sustainability of public finances. This remaining life expect...
Brookings
Brookings Programs - Global Economy and Development 26 October 2020
Rethinking aging societies: Growing young as you get old
Rethinking aging societies: Growing young as you get old
Macro Analysis / Global

Stay prepared for a volatile autumn

I am lucky enough to have developed a network of friends despite being a working mom. Well, I feel some serious Pepto-Bismol days coming on, given the impending US presidential election, the declining possibility of another US fiscal stimulus package...
Invesco
Expert Investment Views: Invesco Blog 26 October 2020
Macro Analysis / Global

US: What to expect for 3Q GDP and beyond

The human and economic cost of the pandemic has been beyond painful with more than 200,000 dead and more than 10 million people yet to find and return to work. Rounding out the contributions, net trade will be a drag given demand for imported consume...
ING Think
ING Think 26 October 2020
US: What to expect for 3Q GDP and beyond
US: What to expect for 3Q GDP and beyond
Flash Report / China

Ant Group and Alibaba: China’s digital dream team

Ant Group and Alibaba have a long history of synergistic business cooperation. In aggregate, these payments were equivalent to 7% of its cost base. Established in 2019 and force until 2064, this enables Alibaba and Ant Group to use each other’s trade...
Tellimer Research Rahul Shah
Rahul Shah @ Tellimer Research 26 October 2020
Ant Group and Alibaba: China’s digital dream team
Ant Group and Alibaba: China’s digital dream team
Problem based learning

Sign up and get unlimited access to our articles. It’s free and easy.

This morning's briefing

Turkish lira now below 8 per US dollar.
Last week Turkey's central bank returned to its old ways, holding its one-week repo rate at 10.25% and, instead, hiking its late liquidity lending rate. As Patrick Curran identifies in his research, the lack of transparency and predictability in Turkey’s multiple rate system gives markets little confidence that rate increases will be sticky, and runs counter to urging from the market and IMF to move towards a simplified policy regime based on a single policy rate. The lira sell-off is a vote of no confidence in the bank's current rate policy. Get the full story →
Turkish lira now below 8 per US dollar.
US-backed ceasefire collapses as Nagorno-Karabakh clash resumes.
Armenia and Azerbaijan had agreed to a new ceasefire after foreign ministers of both countries met US Secretary of State Mike Pompeo in Washington for intense negotiations on a truce, which came into effect on Monday. Biden has criticised Trump for disengagement with the conflict and the ceasefire could have been seen as a foreign policy win for Trump right before the elections. Russia had driven mediation efforts until now, but the two ceasefires Moscow brokered did not hold. The dispute has raised fears that Turkey and Russia could be drawn into a wider conflict. Azerbaijan has the implicit backing of Turkey, but we don't think Turkey can afford to be dragged into a war. Get the full story →
US-backed ceasefire collapses as Nagorno-Karabakh clash resumes.
US oil and gas lobby embraces ESG in a bid to win back investors.
According to the FT, the Independent Petroleum Association of America has launched an ESG Center, which will advise companies on building effective ESG programmes. Members of the association include large oil companies and is better known for endorsing the Trump administration’s environmental rollbacks. With the climate crisis becoming central to investors decision-making, we discuss how ESG could change the nature of the EM and frontier debt market over the next decade. Get the full story →
Saudi market suffers its biggest decline since May.
Saudi Arabia's Tadawul index fell 4.1% on Sunday, as results from the likes of Al-Rajhi Bank and SABIC weighed on sentiment. Our view is that Saudi Arabia is not a risk-off safe-haven. Within the GCC, our preferred market is Qatar. Get the full story →
Saudi market suffers its biggest decline since May.
Poles protest abortion law for a fourth day.
Activists surrounded churches and disrupted masses across Poland on Sunday to protest the almost complete ban of abortion in the country. This unrest comes as Poland is now gripped by a surge in Covid-19 cases – having successfully avoided the worst of the first wave. Poland's economy has held up well until now, but ING forecasts another decline in 4Q, with GDP growth for all of 2020 falling between -2.9% and -3.5% yoy. Get the full story →
Poles protest abortion law for a fourth day.
In case you missed it

This morning's briefing

Turkish lira now below 8 per US dollar.
Last week Turkey's central bank returned to its old ways, holding its one-week repo rate at 10.25% and, instead, hiking its late liquidity lending rate. As Patrick Curran identifies in his research, the lack of transparency and predictability in Turkey’s multiple rate system gives markets little confidence that rate increases will be sticky, and runs counter to urging from the market and IMF to move towards a simplified policy regime based on a single policy rate. The lira sell-off is a vote of no confidence in the bank's current rate policy. Get the full story →
Turkish lira now below 8 per US dollar.
US-backed ceasefire collapses as Nagorno-Karabakh clash resumes.
Armenia and Azerbaijan had agreed to a new ceasefire after foreign ministers of both countries met US Secretary of State Mike Pompeo in Washington for intense negotiations on a truce, which came into effect on Monday. Biden has criticised Trump for disengagement with the conflict and the ceasefire could have been seen as a foreign policy win for Trump right before the elections. Russia had driven mediation efforts until now, but the two ceasefires Moscow brokered did not hold. The dispute has raised fears that Turkey and Russia could be drawn into a wider conflict. Azerbaijan has the implicit backing of Turkey, but we don't think Turkey can afford to be dragged into a war. Get the full story →
US-backed ceasefire collapses as Nagorno-Karabakh clash resumes.
US oil and gas lobby embraces ESG in a bid to win back investors.
According to the FT, the Independent Petroleum Association of America has launched an ESG Center, which will advise companies on building effective ESG programmes. Members of the association include large oil companies and is better known for endorsing the Trump administration’s environmental rollbacks. With the climate crisis becoming central to investors decision-making, we discuss how ESG could change the nature of the EM and frontier debt market over the next decade. Get the full story →
Saudi market suffers its biggest decline since May.
Saudi Arabia's Tadawul index fell 4.1% on Sunday, as results from the likes of Al-Rajhi Bank and SABIC weighed on sentiment. Our view is that Saudi Arabia is not a risk-off safe-haven. Within the GCC, our preferred market is Qatar. Get the full story →
Saudi market suffers its biggest decline since May.
Poles protest abortion law for a fourth day.
Activists surrounded churches and disrupted masses across Poland on Sunday to protest the almost complete ban of abortion in the country. This unrest comes as Poland is now gripped by a surge in Covid-19 cases – having successfully avoided the worst of the first wave. Poland's economy has held up well until now, but ING forecasts another decline in 4Q, with GDP growth for all of 2020 falling between -2.9% and -3.5% yoy. Get the full story →
Poles protest abortion law for a fourth day.
Most Viewed