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2020/05/20 / Erste Group Research

Back to the “new normal”

Markets were easing into the new week on the back of loosening measures, opening borders, positive economic signals from China, and possible progress on the vaccination front. However, the news flow remains mixed and the amplitude high.

Clearly, the recovery will take longer than previously expected, and a second wave of revisions of the economic forecasts is heading our way.

Central banks and governments maintain their broad support that also lends a massive hand to the credit markets.

Special topics of the week:
- Austria: Fitch confirms AA+ rating, changes outlook to “stable”

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General information

AuthorErste Group Research
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusAustria, Eurozone
Currency in focusEuro
Sector in focus-


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