Current Status
Not Enrolled
Price
Closed
Get Started

Macroeconomics and Financial Markets in the Face of COVID-19

17 June

APAC

Synopsis

The global economic and financial market impact from COVID-19 is truly profound – the likes of which none of us have seen before. With global growth plunging at an unprecedented pace, the policy response from both the governments and central banks has also been unmatched. Navigating this treacherous landscape is a challenge creating significant risks but also bringing opportunity.

In this webinar, Guy Miller, Hokan Hedström and Franck Baron will discuss the economic outlook for the year and beyond, the impact of the monetary and fiscal response, and what all this will mean for financial markets and asset prices.

Speakers / Moderators

Guy Miller

Chief Market Strategist & Head of Macroeconomics
Zurich Insurance Company Ltd

Hokan Hedström

Head of Asian Market Strategy
Zurich Insurance Company Ltd

Franck Baron

Chairman
PARIMA

Key Takeaways

In this session, the speakers presented the economic trends happening in different countries in the APAC region and translated how it can impact these economies for the foreseeable future.

Like many pandemics in history, a global recession is expected, albeit it will be sharp but short. Corporate earnings are still highly uncertain as business sentiment is still low in many countries. Debts are also expected to be much higher, and will be around for many years to come. On the brighter side, central banks around the world are acting to implement monetary and fiscal policy measures to mitigate the impact on macro and markets. Though protectionism will be more evident in many governments, it isn’t expected to be as drastic and we will be able to see enough growths.

Finally, the COVID-19 virus itself remains as the main determining factor for the economic outlook, which at the moment is still beyond the grasp of cures and vaccines.

Some questions from risk managers: Should we expect a form of the Great Depression as an after-effect of the pandemic? Will having such a huge balance sheet mean the government taking on riskier assets that would eventually cause a collapse, like the last global financial crisis?

More About This Event​​

Presentation Deck

Cyber INCIDENT Simulation FORUm