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2020/03/16 / Erste Group Research

Many countries are taking drastic measures to contain the rapidly spreading corona virus. Health protection must be paramount. At the same time, measures to contain the virus are causing the economic engine to stutter or, in some areas, to grind to a halt. We forecast a mild recession in the euro zone this year. Investors are cautious and are buying safe-haven investments. The stock markets have recorded significant price losses and the slowdown is likely to continue, repeatedly interrupted by technical countermovements.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-


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