RaboResearch - Economic Research

Economic Comment

COVID-19 Economic Dashboard

Hard economic data usually comes available at quite some lag. To gauge the economic impact of COVID-19 we look at more timely economic indicators that are readily available. Data on traffic jams, international flights, and restaurant bookings are released sooner and more frequently. This helps us to better monitor the economic situation during the COVID-19 crisis.

Economic Comment

COVID-19 Economisch Dashboard (Dutch)

Er zit vertraging tussen de gevolgen van de coronacrisis voor de economie en de publicatie van economische data. Daarom werpen we een blik op economische indicatoren die eerder beschikbaar komen. Data over files, internationale vluchten, en restaurantboekingen zijn tijdiger beschikbaar en kunnen ons eerder inzicht geven over de economische effecten van de coronacrisis.

Economic Comment

Japan: Even more stimulus, yet not enough

Japan’s government has increased its stimulus package to a whopping 43% of GDP. This, together with increased central bank stimulus, will prevent bankruptcies and unemployment from rising sharply. However, Japan’s economy is already suffering and we still think it will shrink by 4.8% this year.

Economic Quarterly Report

Rente en valuta: redders in nood? (Dutch)

De financiële markten zijn in de ban van het coronavirus. De rentes dalen hard en er wordt gerekend op een helpende hand van de centrale banken. Ook de dollar heeft veel terrein prijs moeten geven, maar zal dit waarschijnlijk weer terugwinnen.

Economic Comment Dutch version

China: Domestic cooling down while external heat rises further

Most recent monthly figures confirm our view of a continuous slowdown of economic growth. More stimulus is on the cards, but this will be less massive and more targeted than during previous episodes. The trade war developments can be characterized by ‘one step forward, two steps back’.