Latest Global Economic News

Stocks dived, the USD slumped, and havens were boosted on Friday as tariff threats renewed. This week, trade headlines remain in focus.

Emerging economies, long treated as the younger siblings of the developed world, are powering through their biggest rally in 15 years

Markets struggled for direction as the governement shutdown continued. Another light data docket awaits this week as politics remains in focus

Markets were calm on Friday as data failed to move the needle. This week, a busy docket awaits, headlined by the latest US jobs report.

Stocks rallied, the dollar caught a bid, and the Treasury curve steepened last week. This week, a much lighter economic docket awaits

A study from the Cheung Kong Graduate School of Business, the IE China Observatory and the IE Africa Programme offers a glimpse from below.

With the Fed widely expected to cut rates this week, whhich markets are starting to look more interesting for traders?

We've got a monster docket ahead this week with 5 G10 interest rate policy decisions, and a data deluge on both sides of the pond

Disappointing August US jobs data saw stocks slip, Treasuries rally, and the dollar dip, but keeps the Fed on course for a 25bp September cut

Last week we saw a Fed pivot, a Fed firing and political shambles in the UK. This week sees the latest US jobs report

We saw turgid trade on Friday as traders waited on news of the of the Trump / Putin summit. This week, all eyes will be on Jackson Hole

Last week, stocks took the path of least resistance higher. This week, US CPI, and the US-China trade truce expiry, will be in focus

Friday’s jobs report saw sentiment sour. This week, the latest ISM services survey, and a likely BoE rate cut, will be in focus.

We have a bumper week ahead in terms of event risk, and arguably the last ‘proper’ week before summer markets well and truly set in

A busy data docket awaits, including the latest US & UK inflation figures, China GDP, and the start of Q2 earnings season

Markets ended last week subdued, with the US closed for Independence Day. This week, a barren docket awaits, with Treasury supply in focus

As memories of the Truss-era crisis remain fresh, the government must move swiftly to avoid further erosion of market trust.

Stocks hit new records on Friday while the dollar continued to soften, and gold lost its shine. A busy, but holiday-shortened week now awaits

Geopolitical events were in sharp focus over the weekend after US strikes on Iran, but President Trump had time to criticise the Fed again

There are clear reasons for traders to trim back on risk exposure or to layer on portfolio hedges and geopolitical tensions dominate the week

Friday’s ‘goldilocks’ US labour market report elicited a solid risk-on reaction, clearing the way for fresh equity highs

The volume of tariff noise has been turned up yet again. This week, a busy docket awaits, highlighted by Friday’s US jobs report.

Tariff uncertainty is back after Trump’s weekend to-and-fro on EU import levies, but a weekend U-turn sees dip buyers back

The US fiscal position gets more attention, with the House Budget Committee having a second attempt at passing Trump’s reconciliation bill

The markets get a bump as hopes rise of positive outcomes in trade talks between the US and its trading partners

The oil markets get increased attention with the OPEC+ alliance clearly fractured. Aussie markets look set to get a bump from the Labor victory.

While bond investors are looking for alternatives to US Treasuries, some countries are struggling to maintain their AAA credit rating.

Sharp payroll job losses in March coupled with all-time low consumer confidence pose significant risks to the United Kingdom’s economy.

Stocks advanced on Friday as trade hopes grew with Treasuries and the dollar extending recent gains. This week, a jam-packed calendar awaits.

With the severe pressure being applied to US Treasuries, investors are casting around for safe haven alternatives.

Sell US’ remains the vibe of trade with stocks slumping once more, Treasuries selling-off across the curve, and the dollar making new lows

Tariff-watching remains the ‘name of the game’ but continued policy incoherence is leading to increased capital flight out of the US

The collapse in US government bond prices could be indicative of something more serious in the financial system's plumbing.

Stocks continue to slump across the globe as the ugly fallout from Trump’s ‘reciprocal’ tariffs continues. Is there worse to come?

With sentiment shaky as last week drew to a close, expect plenty of noise this week on the tariff front, as well as a jam-packed data docket

The UK economy is facing recession risks, with yesterday's Spring Statement confirming what many had feared: conditions are worsening.

Trump’s “Liberation Day” on 2 April and the impending deluge of tariff-related announcements will drive price action, sentiment and liquidity

The credibility of Britain’s economic stewardship hinges on whether the government can present a fiscal roadmap that reassures investors.

The S&P slumped last week as trade policy uncertainty and US economy concerns persisted. We've got a central bank bonanza this week.

Tariffs, EU/China fiscal policy and an unwind of US exceptionalism were clear themes impacting macro markets last week, resulting in some truly momentous moves

Stocks rallied into month-end on Friday, though haven demand drove bonds and upside for the dollar with jitters over the US economy

Stocks slumped and havens rallied on Friday amid jitters over US economic outperformance. Another quiet data docket awaits this week

Tariff news will continue to hang over financial markets for the next few weeks in an environment where no news is bad news for the dollar

Another lively start in a week where Trump will be everywhere, including a key announcement detailing reciprocal tariff outcomes

For our premium subscribers, we take a look at what investors should expect as we open the next chapter of Trump's trade war with the rest of the world

The focus shifts to pricing and positioning for fallout from Trump’s weekend tariff announcement and the risk of tit-for-tat countermeasures

President Trump’s first week left market participants largely unperturbed, though the week brings a busy calendar of policies and earnings

Bitcoin, Japan and Small Cap Emerging Markets were strong performing assets in 2024. We take a look at their outlook for 2025

Cathie Wood, CEO of ARK Invest tells us how the Trump Administration could have a highly positive impact on the US equity market

Stocks & Treasuries gained last week after cool US core CPI stats, while UK economic ‘doom and gloom’ persisted.

2025 looks set to be 2025 looks set to be interesting, volatile, and maybe chaotic. Henrik Mikkelsen explores the possible outcomes

US CPI is the marquee data risk as we look at the week ahead for traders

One of the most challenging financial environments in over a decade faces the UK gilts market and chancellor Rachel Reeves this week.

The UK's borrowing costs have just shot past the highs we saw during the Truss budget crisis of 2022: what next for the pound?

Our regular look at the trading week ahead shows a busy data docket, highlighted by Friday’s US jobs report

This ‘look-ahead’ explores US, European, and UK economies and attempts to offer ways of navigating an exciting – but uncertain – year ahead

It's time for our annual look at what we expect to see in the markets and more broadly in 2025: how many of these will we get right?

Thanksgiving on Thursday marks the time when most start to close up their books, but we still have some risk events to come before New Year's

Saxo Bank has published its annual list of outrageous predictions for 2025 to illustrate some of the uncertainties that could affect markets

The focus for traders this week will be the US CPI, which sets us up for next week's FOMC meeting, as well as the four major Central Bank meetings

Thanksgiving on Thursday marks the time when most start to close up their books, but we still have some risk events to come before New Year's

Thanksgiving on Thursday marks the time when most start to close up their books, but we still have some risk events to come before New Year's

Nvidia earnings take centre stage as the lack of marquee event risk due this week may come as a welcome relief

We head into the eye of the storm, with traders keen to price a US election outcome and move on from a polarising election campaign

With Donald Trump destined to return to the White House, will he seek to interfere with US monetary policy this time around?

We head into the eye of the storm, with traders keen to price a US election outcome and move on from a polarising election campaign

As the US election noise ramps up, traders also face the challenge of messy US nonfarm payrolls and a massive week of US corporate earnings

The event risk calendar errs on the lighter side this week, which could result in a greater focus on the increasing slew of company earnings, as well as US election risk

Those set in long positions in a select number of equity indices and USD should still be feeling good about life

Stimulus from China, coupled with rate cuts elsewhere, re-affirmed the policy put last week

Stimulus from China, coupled with rate cuts elsewhere, re-affirmed the policy put last week

We continue to digest the FOMC’s ‘jumbo’ 50bp cut, as a lighter economic docket awaits, plus end of month/quarter flows are in the mix

US large-cap equity markets last week navigated the US CPI report and the Trump vs Harris presidential debate with ease

Key event risk in the week ahead includes the Harris/Trump presidential debate, an ECB meeting and Apple's Glowtime event

Key event risk in the week ahead includes US CPI and retail sales, UK jobs and CPI, and Australian jobs and ASX 20o earnings

Key event risk in the week ahead includes US weekly jobless claims and the Senior Loan Officer Survey

Key event risk in the week ahead includes US earnings, nonfarm payrolls and the FOMC meeting

Key event risk in the week ahead includes a potential pullback from the stocks that would benefit from a Trump presidency

Key event risk in the week ahead includes the US retail sales release and a host of speeches from Fed members

Key event risk in the week ahead includes the French election fallout, US CPI and US banks starting to report earnings

As the dust settles from the UK's election campaign, how have markets reacted in the aftermath and what will traders focus on?

Key event risk in the week ahead includes the UK general election, and Friday's US non-farm payrolls

Key event risk in the week ahead includes the ramping up of the US elections

Key event risk in the week ahead includes a surfeit of central bank meetings

Key event risk in the week ahead includes the FOMC meeting, US non-farm payrolls and CPI, and Australian jobs

Key event risk in the week ahead includes the ECB meeting, US nonfarm payrolls and the unemployment rate, plus Swiss CPI inflation

Markets start the week on a slow note with the US and UK sessions limited by Memorial Day and the UK public holiday on Monday.

Key risk events are US and Canadian CPI announcements, and Nvidia is set to turn the dial on US indices already at all-time-highs

The options market is pricing some big moves this week so we could feasibly see the Hang Seng 50 testing 20k soon enough

The Hang Seng gained 8.8% last week helped by 20 straight days of inflows into Hong Kong equity funds from the China mainland

For traders compelled to buy the Nasdaq dips, waiting for the rip after early traders buy in seems the higher probability play

Inflation is the primary focus for the Bank of England and is set to have cooled further in March, remaining on track to hit the 2% target

With data set to be relatively limited this week, the path of least resistance leads higher for both the greenback and global equities

The markets will come alive this week reacting a number of tier 1 event risks including FOMC, BoE and BoJ interest rate meetings

Gilts look like they offer investors more value today than they have for some time, and demand from investors has been picking up sharply.

Long equity hedged with gold exposures seems the play, and looking at the charts, onwards and upwards feels like the path of least resistance

The FX market has been subdued, to say the least. We explore why that may be, and what might spur a resurgence in volatility

The US Dollar continues to perform; Nvidia results to keep focus on the Nasdaq and Chinese equities off to a solid start for the new year

Language from the FOMC and a very strong nonfarm payrolls report are likely to have ended the prospect of a March rate cut

It's another busy week. Watch for moves in Chinese markets, US earnings season big hitters are in play and energy commodities are on the move

With 16% of the S&P500 reporting this week, earnings and corporate outlooks will play a significant role in market sentiment

Fund manager MPG sees sharp drop in UK and European Union inflation and more volatility in equity markets.

With US CPI and PPI releases behind us, the market has become even more convinced that the Fed’s easing cycle starts in March

Cartsen Gerlinger of Moventum Asset Management looks at the markets he thinks could do well in the choppy waters of 2024.

Did the Federal Reserve jump the gun by being too dovish in its narrative this month? Will bonds outperform stocks in 2024?

Will traders start to close their books, reduce exposures and lock in returns, or is there one last push left in risky assets?

It’s a busy week ahead for the central bank calendar, with 5 major central banks set to report on their monetary policy

In the financial markets this week we see lots of tier-one catalysts and event risk for traders to navigate

The US dollar has managed to shake off its negative bias and is reversing some recent losses despite US yields continuing to pull back

The Dow Jones is where the big moves are playing out while the S&P500 also closed higher for a fifth consecutive week

The first reading of the November Euro Zone CPI is released this week with expectations of a drop in Headline and Core numbers

Volume and liquidity kick back into markets after the US Thanksgiving celebrations and the USD will be key to broader market sentiment

Central bank easing is a theme that will be front of mind for 2024, with some debate as to why the markets are discounting such easing

The week ahead will refocus trader attention on global growth dynamics, with China, Europe, and the US in the spotlight

As we look ahead at the new week, the event risk is on the light side, so we may see the market pause for breath

Equity continues to trade heavily and the bearish momentum in EU and US equity indices suggest this is still a sellers’ market

Investors will be looking to corporate earnings to have a more positive effect on the markets and stabilise sentiment

Will economic data and US earnings move the dial or will newsflow from the Middle East consume attention and direct sentiment?

US CPI data set to be the big risk event of the week while Central Bank officials are speaking at NABE and IMF conferences

After 11 straight weeks of gains in the USD driven by EURUSD and range highs, we ask whether the dollar can make it a 12th

Yields on German bonds rose to 2.8% this week, the highest in 12 years and a whopping 35% higher since the start of the year.

The balance of risks points to equities continuing to slip, having breached key levels last week, while fxed income is set for further downside

With many Central Banks set to meet this week, we expect to see further tightening for most - but for how much longer?

With the US economy set to hold interest rates while Europe continues to battle high inflation, we take a look at their differing fortunes

The ECB meeting is a significant risk event for EUR FX and EU equity traders and could result in a sizeable bout of cross-asset volatility

Not only are higher yields generating positive returns, but the new issuances in both government and corporate bonds are on the rise.

Commodities should be on the radar, with Crude Oil on a tear and many questioning how long it takes for it to test $100

A hawkish lean from Fed chair Jay Powell adds emphasis on US core PCE inflation and US nonfarm payrolls this week

As we head towards the end of the week, trader attention should turn to Jackson Hole, where Jay Powell takes centre stage

The USD was the top performer in G10 FX last week. With China sentiment weakening, are we likely to see further USD gains?

News about potential deflation within China's economy has many commentators worried, but is this being exaggerated?

US CPI is the main event of the week with the market looking for both headline and core CPI inflation to increase by 0.2%

In a big move for US debt markets, Fitch has downgraded American government debt, but will this be just a flash in the pan?

With the Fed and ECB almost done with tightening, the chase for performance is on, and those underweight equities are feeling the heat

We take a closer look at the current UK inflation numbers ahead of the August Bank of England meeting: should you be optimistic?

Any upside in the USD will likely see equity markets finding better sellers, having seen big gains last week

With the US nonfarm payrolls behind us, we look to the US CPI report on Wednesday as the next big risk event for markets

The Nasdaq100 has rallied in the last 15 consecutive months of July and the odds are skewed for higher levels

After a dramatic weekend in geopolitical news flow, we take a look at the key events for the financial markets this week

Amid high inflation and tightening labour market, the BoE are set to raise rates again. We take a look at what is in store for the markets

While the Fed stepped away from raising rates this month, the ECB pushed higher, creating new dynamics in the GBP/EUR trade.

Central focus this week is likely to remain on the USD, US rates pricing, US regional banks and further positive flow into Chinese assets

The US debt ceiling, and the price action in US banks, are likely to be the events that will dominate the narrative this week

Consolidation in many equity markets remains the central theme, but the breakout in the USD has certainly not gone unnoticed by traders

In this week's look ahead, trader and educator, Chris Tubby from Symax Fintech gives his views on the fallout of First Republic Bank

The fund management team responsible for the Utilico Emerging Markets Trust explains what is happening in Brazil's economy.

Traders will be looking for a series (and trend) of weaker growth data prints for the USD to take another leg lower

Trader and Educator Chris Tubby talks to us about inflation, interest rates, Bank of Japan's new Governor and Tesla

The USD gets centre stage this week. While the US data flow is low-key, news flow from the US banks could influence the USD

We get the download from star fund managers on how they protect their investment portfolios from the ravages of recession.

Looking at price action in any of the US or EU equity indices you could argue that investor sentiment is bullish

The tech-heavy Nasdaq index looks to close out the month with record returns, auguring the potential of a new tech-prompted Bull Run.

U.S interest futures have rallied on the expectation the Fed would cut rates this year and now offers some great opportunities

Despite the gloom, equity bulls are seeing good support below 3920 on the S&P500 while the Nasdaq100 is eyeing a bullish breakout

As Andrew Bailey raises interest rates by 25bps in the UK, other central banks pause for breath as banking sector issues remain front of house

The AT1 bond market has been brought sharply into focus with many investors realising they are now what they thought they were.

It's already a historic start to the week and there seems so much to play for as we enter another banking sector headline-driven market

It's been a turbulent week for banks as market panic punishes Credit Suisse. We take a look how central banks might react

We start the week on a positive note but with such event risk in front of us volatility remains something that traders need to adjust too and respect.

Federal Reserve chairman, Jerome Powell says interest rates might need to still go higher, for longer; market reacts negatively

Neil Wilson of Finalto takes a look at what investors should be expecting from Jeremy Hunt's first big outing as Chancellor.

Traders look towards interest rate pricing, which could be impacted by Fed chair Jay Powell’s testimony to the Senate Banking Committee

The markets are focused more intently on Europe this week with flash CPI prints and a rate decision by the European Central Bank

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 27th February 2023

As we gear up for the next FOMC meeting, traders are looking forward to Jay Powell’s Congressional testimony as the next tier 1 event risk

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 20th February 2023

Despite a challenging financial environment, first time default rates declined through the year, but high yield pricing remained volatile.

This period of change and re-assessment sees choppy markets as the collective wisdom finds it hard to forge a consensus

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 13th February 2023

The broad-based USD rally on Friday was pretty impressive and caused shockwaves in commodities, but can it last?

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 6th February 2023

The US NFP figure surprised considerably to the upside this week: is this good news for the market or will the Fed tighten faster?

Tickmill comments on the actions that Fed, BoE and ECB rate hikes had on markets and suggests that tightening might be coming to an end

Traders will need to contend with month-end flows and one of the biggest weeks of tier 1 event risk in recent memory

It looks like China may indeed be back in business, but are there still any risks lying in wait for investors?

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 30th January 2023

The European Central Bank is in focus this week as speakers give their views on economics and policy ahead of next week’s key ECB meeting

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 23rd January 2023

Jason Hollands, Managing Director of investment platform Bestinvest, spoke to us about the prospects for China this year.

The big volatility driver to look for is the Bank of Japan disappointing market expectations and leaving policy unchanged

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 16th January 2023

Daniel Casali of Evelyn Partners makes the argument for higher yielding UK stocks as he anticipates a 2023 recovery.

David Morrison looks at the macroeconomic picture and its effect on global markets for the week of 9th January 2023

We chat to fund managers seeking to analyse the best ways back into the Chinese economy now that China has dumped zero Covid.

Seasoned market commentator Henrik Mikkelsen shares his expectations for financial markets in the next year with us.

Markets price in the future, and we take a look forward to the key themes that could cause volatility throughout 2023

David Morrison looks at the macroeconomic picture and its effect on the US, UK and Eurozone for the week of 19 December 2022

Daniel Casali, Chief Investment Strategist at Evelyn Partners, writes here on the outlook for UK inflation in 2023.

This week, the markets could go anywhere with US CPI print setting the tone above all else. All eyes are on Inflation and rate decisions

David Morrison looks at the macroeconomic picture and its effect on the US, UK and Eurozone for the week of 12 December 2022

This week will be about getting exposures in check and reacting to any landmines before the big risk events come in to play next week

David Morrison looks at the macroeconomic picture and its effect on the US, UK and Eurozone for the week of 5 December 2022

With thousands of citizens taking to the streets to protest against zero Covid, is China facing a new political crisis?

We assess the event risk and potential land mines for the week ahead including US, Australia, China and OPEC

David Morrison looks at the macroeconomic picture and its effect on the US, UK and Eurozone for the week of 28 November 2022

Frédérique Carrier at RBC Wealth Management in the UK, explores the reasons behind the UK's lackluster economic performance.

It’s a quiet week ahead by way of known event risks, with many traders taking leave over the Thanksgiving celebrations

David Morrison looks at the macroeconomic picture and its effect on the US, UK and Eurozone for the week of 21 November 2022

Last week was a momentous week from a cross-asset basis. We take a look at what is to come in the financial markets this week

David Morrison looks at the macroeconomic picture and its effect on the US, UK and Eurozone for the week of 14 November 2022