LONDON, UK / ACCESSWIRE / January 12, 2021 / London listed NQ Minerals Plc (AQSE:NQMI) (OTCQB:NQMLF) (OTCQB:NQMIY), ("NQ" or the "Company") the base and precious metals producer from its 100% owned flagship
Economic Bulletin
Overview
At its monetary policy meeting on 10 December 2020, the Governing Council decided to recalibrate its monetary policy instruments. While the rebound in economic activity in the third quarter was stronger than expected and the prospects for the roll-out of vaccines are encouraging, the coronavirus (COVID-19) pandemic continues to pose serious risks to public health and to the euro area and global economies. The resurgence in COVID-19 cases and the associated containment measures are significantly restricting euro area economic activity, which is expected to have contracted in the fourth quarter of 2020. While activity in the manufacturing sector continues to hold up well, services activity is being severely curbed by the increase in infection rates and the new restrictions on social interaction and mobility. Inflation remains very low in the context of weak demand and significant slack in labour and product markets. Overall, the incoming data and the Decemb
Potential for upside surprises in 2021 Håkan Frisén and Marcus Widén
Most indications are that early 2021 will be weak but there should be potential for a fast recovery in 2021 if high hopes about vaccines prove correct. And maybe inflation will make a comeback as the economy gets back on firmer ground. Read Reflections from SEB economists Håkan Frisén and Marcus Widén.
During 2020, economic performance has mainly been determined by the various phases of the Covid-19 pandemic. The unexpectedly strong mid-year recovery still dominates official statistics. But given increasingly large-scale lockdowns due to the pandemic’s second wave, the year will still end on a negative note. Most indications are that early 2021 will be weak, too, and that a normalisation of economic activity will not happen until vaccination campaigns have progressed far enough to change the playing field. Expectations for 2021 as a whole have already been adjusted much lower. The recovery process implie