European Markets by Peter Schaffrik: September 2020
By
Peter Schaffrik, RBC Capital Markets, LLC
Published September 16, 2020
|
6 min watch
A monthly update on the European economy
This month we focus on the UK economy, the Bank of England and markets. The UK will be in uncharted territory over the coming months with both the end of the furlough scheme and the final weeks of the Brexit negotiations looming. 2021 will be where we see the Bank of England implementing negative interest rates for the first time ever, with significant implications for markets.
In this second edition of my monthly video series I am delighted to be joined by our UK Economist Cathal Kennedy.
Peter Schaffrik
Chief European Macro Strategist, RBC Capital Markets
RBC Capital Markets, LLC
Peter joined RBC in September 2010 from Dresdner Kleinwort/Commerzbank where he was the co-head of global rates strategy. At RBC, Peter first held the position of Head of European Rates Strategy and is currently our Chief European Macro Strategist, leading a team of experienced economists and strategists covering the UK and Continental Europe. Peter works closely with our other strategy teams around the globe in formulating RBC’s macroeconomic and interest rate views.
Bank of EnglandBrexit billBritish poundFurlough schemeUK economyinterest rates
