RaboResearch - Economic Research

Economic Comment

Japan: The reign of Suga

Yoshihide Suga has been elected as Japan’s new prime minister. His newly appointed cabinet signals policy continuity and conformity. Meanwhile, the economy is showing signs of recovery, although it remains quite weak.

Economic Comment

Japan: A farewell to Abe

Japan’s prime minister Shinzo Abe has unexpectedly announced his resignation. This means Japan faces a period of increased uncertainty.

Special

Brexit Outlook: Down to the wire

The negotiations on a EU-UK trade deal are reaching a climax. Even as the scope of the aspired agreement remains limited, there is a non-negligible chance that the talks still collapse. However, the economic effects are overshadowed by the pandemic.

Economic Comment

Germany: Economic recovery?

The German economy shrank by a record breaking 10.1% in the second quarter, but still fared much better than European peers. We expect a technical recovery in the third quarter.

Economic Comment

Japan: Wave of concern

As we expected, the Bank of Japan did not move during its last meeting and will likely remain in wait and see mode for a while. In the meantime, a second wave of coronavirus infections is hurting Japan’s economic recovery.

Economic Report

United States: Civil unrest

The resurgence of COVID-19 in the United States reflects the failure of institutions. Protests in the streets reveal a polarized society and a lack of trust in institutions that predates the outbreak of the virus. No matter who wins the elections, the civil unrest is not likely to pass.