Welcome back!
Editorial The summer break is coming to an end and the quarter ahead looks set to be an exciting one. There will be no shortage of topics: in addition to plenty of COVID news, which will evolve between hopes of vaccines and a potential increase in cases, there will also be decisive political events: the epilogue of the Brexit negotiations in October and, above all, the US elections in November. Although the central bank news flow will be less decisive, we will continue to keep an eye on the Fed and, above all, the ECB: the consensus still expects an extension of the PEPP. In short, enough to keep us on tenterhooks until the end of the year!