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2020/06/26 / Erste Group Research

Week ahead | Infection figures in the Eurozone and the USA are diverging

In June, the first leading indicators of major Eurozone countries provided a clearly positive surprise. The good business climate is the result of the fact that, within the EU, the incidence of infections has so far remained under control despite the easing of the lockdown measures.

In the US, the number of new infections with COVID-19 has risen significantly for a little over a week and has reached new highs. The causes are difficult to determine, but the decisive factor for our analysis is that this has significantly increased the risk of a slower economic recovery in the US than is currently assumed.


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General information

AuthorErste Group Research
Date2020/06/26
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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