Global Economics
Find economic insights and analysis on the latest geopolitical and macroeconomic developments and their local and global implications.
Reacceleration of inflation cements the case for another ECB hike
A reacceleration of inflation cements the case for another rate hike. But price pressures are limited to energy-related items, and the growth outlook is highly uncertain.
Global Daily: "The world as we knew it no longer exists."
Another week where action was dominated by geopolitics. Central banks are trying to reassert themselves under that shadow, but everything they know is falling apart.
Exclusive Seven so far, seven more to come?
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.50% and the deposit rate at 2.20% as was widely expected.
Exclusive Semiannual fertilizer outlook: Supply risks persist while affordability and weather constrain demand
Fertilizer prices have eased, but affordability remains a challenge. Meanwhile, geopolitical tensions, weather risks, and higher phosphate prices, cloud the outlook.
Global Daily: The Natural Equilibrium
G20 finance ministers, central bank governors and a handful of high-profile CEOs gathered in Asheville, North Carolina, yesterday...
Exclusive Bank of Canada Preview: Turn for the worse
We expect the Bank of Canada to hold the overnight rate at 2.25% on September 2, with no hikes or cuts forecast through 2027.
A Hawkish Version of No Forward Guidance
For a Chair who does not want to give forward guidance, Warsh was very effective in raising the market-implied probability of a Fed rate hike in September.
World Pork Map 2026: Competition intensifies in a more fragmented pork market
China’s reduced influence is reshaping global pork trade, with exporters competing more fiercely across a wider range of destination markets.
Exclusive Unwrapped: Plastic packaging matters | August 2026
Unwrapped Q3 explores how PPWR, EPR, recyclability standards, feedstocks, and tariffs are reshaping the packaging value chain.
Exclusive Running on Fumes
Mountains to Climb: The Road Ahead for the RBA Cash Rate
This report examines the outlook for the RBA cash rate given recent inflation data and the ongoing crisis in the Strait of Hormuz.
Exclusive Global beef quarterly Q3 2026
Global beef production is forecast to fall 2% year-over-year, further tightening supplies and supporting market fundamentals.