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    Local distancing

    • The global COVID-19 outbreak continues unabated, rolling from one region to another. Europe is the only continent where the case load is slowing.

    • Governments’ playbook has changed from nationwide to local and targeted restrictions, while central banks take a breather to fine tune their policy response.

    • In the US, personal expenditures outpaced income in May, with consumption making up for lost ground to just 11% below its February level.

    • EU and UK negotiators will resume face-to-face Brexit talks with the aim to define the contours of a minimalistic trade arrangement to be operational by year-end.

    Get the latest report

    Authorised clients of Barclays Investment Bank can log in to read the latest Global Economics Weekly on Barclays Live:

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    Barclays Live 

    Barclays Live

    Barclays Live is our comprehensive client portal delivering world-class, cross-asset content to our institutional clients.

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