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2020/05/28 / Erste Group Research

Economy turns up, but optimism remains absent

Important leading economic indicators are confirming that the economic downturn has likely bottomed out. While stock markets have regained the levels of early March, pessimism in the real economy remains high.

Tightening spreads in secondary markets are testament to an easing of tensions across all market segments. This is underpinned by favorable news from the transportation sector and potentially more support from the EU and the ECB.

Around the turn of the month numerous fresh indicators are released, which will throw the economic picture into sharper relief for the markets.

Special topics of the week:
- Issuer in focus: EP Infrastructure

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General information

AuthorErste Group Research
Date2020/05/28
Languageen
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusAustria, Eurozone
Currency in focusEuro
Sector in focus-
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