Global Economics
Find economic insights and analysis on the latest geopolitical and macroeconomic developments and their local and global implications.
Exclusive Balance sheet normalisation: what is the ECB's new normal?
Balance sheet normalisation may take another year. The ECB wants refinancing operations to play a bigger role, at the cost of structural bond holdings.
Global Daily: Everybody drinks!
EU foreign policy chief Kallas privately told lawmakers that the state of the world means it might be a “good moment” to start drinking. She’s late to the party.
Global Daily: "Help is coming"(?)
President Trump told those on Iran’s streets to keep going and that “Help is coming." Some also came for the Fed's Powell, from other central bankers.
Global Daily: What did you think definancialisation meant?
What did you think it meant? Vibes? Papers? Essays? “Because markets”?
Global Daily: Burning the Bridgeheads
2-year Treasury yields closed 4.4bps higher at 3.53% on Friday after December non-farm payrolls showed the unemployment rate falling to 4.4% and wage growth accelerating.
Exclusive Global poultry quarterly Q1 2026: Another bullish year for poultry, but with more market volatility
The outlook for the global poultry industry remains strong for 2026, with another year of robust growth of around 2.5%. Operational excellence should be a major focus.
Global geopolitical outlook with RaboResearch Global Strategist Michael Every
Geopolitics has impacted markets and trade relationships significantly in 2025, and the expectations for 2026 is that there is more to come that will impact New Zealand,
Global Daily: The tone for 2026 has been set
You will undoubtedly have seen the headlines. This weekend, President Trump launched a military operation in Venezuela.
Exclusive Canada 2026 Outlook: The cycle of Protectionism
The Canadian economy has deteriorated rapidly as it tries to adjust to a world dominated by protectionism, and new challenges posed by its southern neighbor.
Exclusive Banxico Post-Decision Report: The "S" word?
Banxico released its decision to cut the overnight policy rate 25bp to 7.00% at the December 18 meeting.
ECB post-meeting comment: Not static, not dynamic
The ECB kept its policy rates on hold for a fourth straight meeting.
Exclusive Banxico Preview: "Cuts signal complacency"
We expect Banxico to cut the overnight policy rate by 25bp to 7.00% at the December 18 meeting. This is the unanimous view of Bloomberg surveyed analysts.