RaboResearch - Economic Research

Special

Gasflation

US and European natural gas prices have jumped to multi-year highs; to the extent that comparisons with the 1970’s oil crises are perhaps not as far-fetched as some would think.

Economic Update

France: Lockdowns determine economic recovery

Different from other European nations, France has not reinstated a lockdown in the first quarter. Consequently, we do not expect the French economy to contract in the first quarter. For 2021 we expect the French economy to grow by 5.8 percent.

Special

Brexit Outlook: Take control!

Prime Minister Johnson has asked the Queen to suspend Parliament. While it was an explosive move, confrontation between Johnson and Parliament has always been inevitable. The EU has been betting on the UK parliament to intervene, but the window has narrowed. The risk of a no-deal Brexit is obviously rising, but secondary to the risk of a general election.