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August was sleepless not sleepy for Europe. Stifling heat disrupted bedtimes and the economy: critical rivers dried up, collapsing supply chains, and hitting agriculture and the energy system. Politics is looking ‘hotter’ too. The US midterms loom and in Europe, eyes start to turn to the French presidential election in 2027. Bond yields marched higher.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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