Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

COVID-19: Contagion risks also apply to markets

The Covid-19 crisis caused one the most severe financial market turmoil of the last hundred years. A historic slump was followed by a historic rally.

Coping with Covid-19 in different ways

The light and targeted lockdowns to fight the second wave of Covid-19 infections will constrain the pace of recovery. We expect global GDP to contract by -4.7% in 2020, followed by growth of +4.8% in 2021. 

Brexit: Trade tricks won´t be enough

The UK intends to lower its global import tariff by -2.2pp to 2.8% post its EU exit, the second lowest tariff among G-20 countries after Australia. These new tariffs will apply to imported goods from countries with which the UK will not have a Free Trade Agreement (FTA) on 01 January 2021.