Is there a long-term bull case for copper ?
Posted on : Mon, 23 Sep 2024 Commodities are one of the pillars of the global economy, vital for real...
Read More
Fiscal positions are set to deteriorate further across the G-7
Posted on : Mon, 9 Sep 2024 “We are all Keynesians now.” That was notoriously stressed by US president Richard...
Read More
How much monetary easing can the US Fed engineer?
Posted on : Sun, 01 Sept 2024 Each summer, the US Federal Reserve (Fed) hosts a highly anticipated economic policy...
Read More
How fast should the US Federal Reserve cut interest rates?
Forecasting policy rates in the US has been a challenge in recent quarters, after the aggressive monetary policy tightening stabilised...
Read More
ECB reinforces the need for a nimble, data dependent monetary policy
Every summer, the European Central Bank (ECB) organizes a sought-after monetary policy forum in Sintra, Portugal. The event is one...
Read More
Bank of England is set to start monetary easing cycle
Amongst the advanced economies, the U.K. has experienced one of the worst post-Covid inflation outbursts. In response, the Bank of...
Read More
The European Central Bank sets the stage for additional tightening
Posted on : Mon, 17 Jul 2023 The European Central bank raised its policy interest rates once again in June,...
Read More
Global outlook improvement is supported by stronger major economies
At the beginning of the year, strong headwinds set a pessimistic tone in outlining global growth expectations for 2024. The...
Read More
China’s growth is gaining further momentum in 2024
Early in the year, China was one of the main reasons for relatively tepid global growth projections for 2024. After...
Read More
EM resiliency supports capital inflows
We started the year with a constructive view for emerging markets (EM) in 2024. The US Federal Reserve’s (Fed) “dovish...
Read More
Shift in US growth expectations signals a soft landing
The resilience of the US economy has driven a dramatic shift in its growth expectations. During the first half of...
Read More
Where is the USD going from here?
Few indicators convey as much information about global macro trends than the direction of currency fluctuations. This is particularly valid...
Read More
India will achieve remarkable growth despite structural challenges
Posted on : Sun, 12 May 2024 India is one of the fastest growing economies in the world, and rapidly...
Read More
What to expect of the “last mile” of US inflation normalization?
Posted on : Sun, 07 May 2024 Historically, particularly over the so-called “Great Moderation” period (1990-2019) dominated by positive growth...
Read More
Southeast-Asia adapts to the “next normal” in economic growth
Posted on : Sun, 31 Mar 2024 In recent decades, Southeast Asia has been the most dynamic region in the...
Read More
Global trade growth is set for a modest recovery in 2024
Posted on : Sun, 17 Mar 2024 International trade is a direct reflection of the state of the global economy....
Read More
Will the US Federal Reserve “dovish” pivot hold?
Posted on : Sun, 10 Mar 2024 The US Federal Reserve (Fed) is expected to keep its benchmark policy rate...
Read More
Is there any hope for Euro area growth in 2024?
Posted on : Sun, 03 Mar 2024 The Euro area has been in a negative spiral since early 2022, when...
Read More
Are capital flows ready to return to EM in earnest?
Posted on : Mon, 19 Feb 2024 Over the last two years, emerging markets (EM) suffered from significant volatility in...
Read More
Is it time for gold to shine again as a core asset for diversification?
Posted on : Mon, 19 Feb 2024 Gold’s role in the economic and investment landscape has long been a subject...
Read More
Potential growth in emerging markets faces significant headwinds
Posted on : Tue, 28 Jan 2024 Emerging markets (EM) have been a driver of global economic growth for many...
Read More
Global trade stabilized but no boom in sight for H1 2024
Posted on : Mon, 22 Jan 2024 Global trade is widely considered a crucial metric for evaluating economic activity. In...
Read More
Positive surprises dominated the economic environment in 2023
Posted on : Sun, 31 Dec 2023 The year of 2023 started on a negative note for the global economy....
Read More
Understanding inflation in the U.S.
Posted on : Mon, 25 Dec 2023 The outbreak of the Covid-pandemic in 2020 marked the beginning of a sequence...
Read More
Financial conditions are tight in major advanced economies
Posted on : Mon, 18 Dec 2023 Since the beginning of the Covid-pandemic, an extraordinary sequence of global shocks propelled...
Read More
Commodity prices suggest global macro headwinds are not over
Posted on : Mon, 11 Dec 2023 Commodity markets have been experiencing unprecedented bouts of volatility and dislocation since the...
Read More
What is next for the Japanese Yen?
Posted on : Mon, 13 Nov 2023 Few indicators convey as much information about the state of a country’s economy...
Read More
Euro-area economy on the edge of recession
Posted on : Wed, 22 Nov 2023 Since 2022, the resilience of the Euro-area economy has been pushed to its...
Read More
Capital flows to EM are facing significant short-term headwinds
Posted on : Mon, 30 Oct 2023 Late last year and early this year, emerging markets (EM) started to benefit...
Read More
European Central Bank gets ready to halt interest rate tightening cycle
Posted on : Wed, 25 Oct 2023 A combination of extraordinary shocks in the Euro Area and the subsequent policy...
Read More
Emerging markets growth is set to face significant headwinds
Posted on : Mon, 9 Oct 2023 Emerging markets (EM) have been a symbol of economic dynamism in recent decades....
Read More
Looming headwinds weigh on Euro area economic growth
Posted on : Mon, 2 Oct 2023 Late last year, the Euro Area was facing significant headwinds from a battery...
Read More
Worldwide debt levels set to pose long-term risks for global growth
Posted on : Mon, 25 Sep 2023 The Covid-19 pandemic represented a negative shock of unprecedented magnitude to the global...
Read More
How to interpret the US yield curve inversion?
Posted on : Mon, 18 Sep 2023 US economic growth has surprised to the upside in recent quarters, supporting global...
Read More
Southeast Asia is unlikely to return to pre-pandemic growth in 2023
Posted on : Tue, 12 Sep 2023 Before the Covid-pandemic, Southeast Asia was one of the most dynamic regions in...
Read More
China’s recovery was strong but uncertainty remains for 2024
Posted on : Mon, 4 Sep 2023 Early in the year, China was one of the main reasons for our...
Read More
What to expect of the EUR going forward?
Posted on : Mon, 4 Sep 2023 The Euro (EUR) has appreciated significantly against the US Dollar (USD) since September...
Read More
Global trade is set to recover in the coming months
Posted on : Tue, 22 Aug 2023 International trade is a key indicator of the dynamism of the global economy....
Read More
Global growth resilient with little room for positive surprises
Posted on : Mon, 14 Aug 2023 Early in the year, negative narratives from investors and analysts dominated the global...
Read More
Where is the US Federal Reserve heading?
Posted on : Mon, 7 Aug 2023 The US Federal Reserve (Fed) has been on the move to revert a...
Read More
Commodity prices point to a challenging global macro environment
Posted on : Mon, 29 May 2023 Commodity markets have been particularly volatile since early 2020. The negative demand shock...
Read More
Why is global capital returning to EM?
Posted on : Wed, 10 May 2023 Despite a challenging global macro environment, driven by factors such as high inflation,...
Read More
What to expect from the BoJ’s new monetary policy approach?
Posted on : Tue, 11 Apr 2023 One of today’s biggest macro-economic challenges for policy makers and central bankers on...
Read More
How can the US Fed balance inflation and financial stability concerns?
Posted on : Mon, 3 Apr 2023 The US Federal Reserve is often pressured to ease or pivot away from...
Read More
Are EM returning to growth outperformance in 2023?
Posted on : Sun, 19 Mar 2023 Over the last decade, emerging markets (EM) were a synonym for economic dynamism,...
Read More
Global activity surprises to the upside despite headwinds
Posted on : Mon, 13 Mar 2023 The year started with negative sentiment dominating the global macro-economic environment and outlook....
Read More
Global trade is set to stabilize in the coming months
Posted on : Tue, 7 Mar 2023 Global trade is widely considered a crucial metric for evaluating economic activities between...
Read More
ECB reaffirms record tightening cycle to rein in inflation
Posted on : Wed, 1 Mar 2023 The European Central Bank (ECB) continues to reaffirm the most aggressive tightening cycle...
Read More
Is gold set to continue acting as a safe-haven asset?
Posted on : Mon, 20 Feb 2023 Gold has long been a source of debate and contention among economists and...
Read More
Japanese inflation is back and the Bank of Japan needs to move further
Posted on : Mon, 6 Feb 2023 The Bank of Japan (BoJ) has historically been at the forefront of radical...
Read More
Are Sub-Saharan African economies resilient to global economic shocks?
Posted on : Mon, 30 Jan 2023 After a strong economic recovery from the 2020 pandemic shock, select frontier markets...
Read More
Southeast Asia is set to re-take its leading growth position in 2023
Posted on : Mon, 23 Jan 2023 Pre-pandemic, Southeast Asia was one of the most dynamic economic regions in the...
Read More
Global macro challenges dominated the economic environment in 2022
Posted on : Mon, 16 Jan 2023 This closing year started on a positive note for the global economy. Market...
Read More
How bleak is the Euro area growth outlook?
Posted on : Mon, 9 Jan 2023 Euro area growth prospects have been particularly volatile in recent quarters. The region...
Read More
China’s cyclical recovery to be delayed by new wave of Covid-19 cases
Posted on : Wed, 4 Jan 2023 China remains a major source of uncertainty for the global growth outlook. After...
Read More
Volatile oil prices are expected to remain elevated
Posted on : Wed, 4 Jan 2023 Oil markets have been experiencing unprecedented bouts of volatility and dislocation since the...
Read More
Global macro challenges dominated the economic environment in 2022
Posted on : Wed, 4 Jan 2023 This closing year started on a positive note for the global economy. Market...
Read More
What drives divergent EM inflation?
Posted on : Mon, 5 Dec 2022 Elevated inflation has been a dominant topic throughout this year. Across countries, inflation...
Read More
How will major central banks respond to rising financial instability?
Posted on : Mon, 14 Nov 2022 The global macro environment is presenting some of the most challenging conditions in...
Read More
Global trade is set to contract over the coming months
Posted on : Mon, 14 Nov 2022 Global trade is often referred to as a key barometer of economic activities...
Read More
The Euro area faces energy security and fiscal sustainability challenges
Posted on : Tue, 18 Oct 2022 As a global recession becomes increasingly likely, we turn our attention to...
Read More
US Fed maintains its hawkish stance as stagflation intensifies
Posted on : Mon, 10 Oct 2022 As the majority of analysts anticipated, the US Federal Reserve (Fed) at its...
Read More
Is China on the verge of a cyclical recovery?
Posted on : Mon, 3 Oct 2022 China remains a major source of uncertainty for the global growth outlook this...
Read More
The ECB is under pressure to restore policy credibility
Posted on : Mon, 26 Sep 2022 There are few precedents to the magnitude, breadth and depth of the negative...
Read More
Prices caps and windfall taxes won’t fix Europe’s broken energy market
Posted on : Mon, 19 Sep 2022 European policymakers are facing an unprecedented constellation of shocks hitting the economy, including...
Read More
How much more tightening can the US Fed still do?
Posted on : Mon, 12 Sep 2022 Every summer, the US Federal Reserve (Fed) organizes a coveted economic policy symposium...
Read More
Are ASEAN economies resilient to global financial shocks?
Posted on : Mon, 5 Sep 2022 With a strong economic recovery from the temporary collapse produced by different variants...
Read More
Unpacking the strong USD
Posted on : Mon, 29 Aug 2022 As the saying goes, the “USD is King.” This seems to be a...
Read More
Europe’s energy crisis will be a persistent economic headwind
Posted on : Mon, 22 Aug 2022 Europe’s dependence on Russian gas has been increasing for the past few decades...
Read More
Singapore’s overheating economy requires further tightening
Posted on : Mon, 15 Aug 2022 Singapore’s economy is booming and there are some indicators that suggest it may...
Read More
Global economic growth is stagnating in 2022, but is that a recession?
Posted on : Mon, 8 Aug 2022 A lot has been written in recent months about whether the US, Euro...
Read More
The ECB is preparing the groundwork for more aggressive tightening
Posted on : Mon, 1 Aug 2022 European bond markets have been particularly volatile in recent weeks as the general...
Read More
How bad is the inflation problem in emerging Asia?
Posted on : Tue, 26 Jul 2022 High and rising inflation has dominated the economic agenda in recent months. The...
Read More
China’s economic outlook is weakened by Covid-Zero strategy
Posted on : Mon, 18 Jul 2022 China’s Covid-Zero strategy was effective in 2020 China is where Covid-19 was first...
Read More
The US Fed and the ECB are under pressure to deliver lower inflation
Posted on : Mon, 11 Jul 2022 Global bond and equity markets have been particularly volatile in recent weeks as...
Read More
Persistently high food prices add to pressure to normalise interest rates
Posted on : Mon, 4 Jul 2022 The world is dealing with severe stagflation, with decade-high inflation and slowing economic...
Read More
Despite its hawkish rhetoric the ECB cannot follow the Fed
Posted on : Tue, 28 Jun 2022 Global inflation is at its highest level for decades, especially in advanced economies,...
Read More
China’s growth outlook muddied by a plethora of uncertainties
Posted on : Thu, 5 May 2022 China is a major source of uncertainty for the global growth outlook in...
Read More
Headwinds pose downside risks and lead to lower global growth
Posted on : Tue, 26 Apr 2022 The dominant global macro theme for the last year and a half has...
Read More
Covid-19 is gradually becoming endemic, but risks remain
Posted on : Mon, 18 Apr 2022 More than two years since Covid-19 was first discovered, China again appears to...
Read More
Geopolitical disruptions spur the potential for an energy crisis in Europe
Posted on : Mon, 11 Apr 2022 In early 2020, the spread of Covid-19 spurred the worst global recession since...
Read More
Russo-Ukrainian conflict shocks commodity markets
Posted on : Mon, 4 Apr 2022 The 2020s are proving to be a period turmoil with shocks and uncertainty....
Read More
US Fed hiked rates and is set to double down on inflation control
Posted on : Mon, 28 Mar 2022 The US Federal Reserve (Fed) is on the move. After several months managing...
Read More
ECB lift-off likely to be delayed by conflict in Ukraine
Posted on : Mon, 21 Mar 2022 The unprecedented strength of fiscal and monetary stimulus in advanced economies led to...
Read More
Global debt has hit a record USD 296 trillion and may limit rate hikes
Posted on : Wed, 9 Mar 2022 The global pandemic has caused the largest surge in debt since World War...
Read More
Why is Southeast Asia lagging behind in the global economic recovery
Posted on : Tue, 1 Mar 2022 Over the last several decades, Sotheast Asia was a synonym for economic dynamism,...
Read More
Central banks may jump start, then slow the pace of interest rate hikes
Posted on : Mon, 21 Feb 2022 Consumer price inflation in the US, UK and Euro area is the highest...
Read More
Crude oil prices are set to remain strong
Posted on : Tue, 8 Feb 2022 The fallout from the global spread of Covid-19 produced tremendous stress in energy...
Read More
US Federal Reserve doubles down on “hawkish pivot”
Posted on : Mon, 31 Jan 2022 The US Federal Reserve (Fed) continues to drive the economic agenda, setting the...
Read More
Omicron is a limited and temporary headwind for the global economy
Posted on : Mon, 17 Jan 2022 More than two years since Covid-19 was first discovered, the global economy...
Read More
A Covid-19 surge in Northern Europe to become an economic headwind
Posted on : Wed, 5 Jan 2022 Since the outbreak of the pandemic, the majority of countries in emerging Asia...
Read More
Headwinds to the outlook for economic growth in ASEAN-5
Posted on : Wed, 5 Jan 2022 Since the outbreak of the pandemic, the majority of countries in emerging Asia...
Read More
Global interest rates will be lower for longer to support growth
Posted on : Sun, 17 Nov 2019 The global economy is sailing into headwinds, the most obvious of which is...
Read More
US Fed cut rates again and signals a pause for breath
Posted on : Sun, 10 Nov 2019 The US Federal Reserve (Fed) has decided to cut rates for the third...
Read More
Bank Indonesia cut policy rates further to support economy
Posted on : Sun, 3 Nov 2019 Bank Indonesia (BI), the central bank of Southeast Asia’s largest economy, decided to...
Read More
Global growth is slowing and the strength of the recovery is uncertain
Posted on : Sun, 27 Oct 2019 In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) forecasts...
Read More