Global Economics
Find economic insights and analysis on the latest geopolitical and macroeconomic developments and their local and global implications.
Exclusive Energy Charts of the Week
A short energy update
Diesel under pressure | How will the closure of Hormuz impact fuel supply and inflation in New Zealand and Australia?
RaboResearch Global Energy Strategist Joe DeLaura unpacks diesel supply chain disruptions stemming from tensions at the Strait of Hormuz....
Global Daily: Can you price in no longer pricing things in?
Markets have decided the Iran war and Hormuz blockades are over, and everything is going to be better than normal imminently: the Nasdaq and S&P are at all-time highs.
New Zealand Economic Update: April 2026
This report provides an update on the New Zealand economy as at April 2026.
Global Daily: Foggy, foggy war
With US stocks up and screen oil down for a second day, markets continue to price the starkly binary physical outcomes in front of us on the side full of stardust.
Exclusive Risks persist despite fragile ceasefire
Domestically, March’s IPCA printed above all expectations, already incorporating some of the Middle East pass-through.  Externally, the US and Iran agreed a two-week cea
Exclusive Banxico Update: Skewed to the downside
We still expect one more 25bp cut from Banxico in Q2, but have moved that cut up to May from June.
Global Daily: Master and Commander-in-Chief(?)
Financial markets are back in a risk-off mood today following news over the weekend that US-Iran peace talks ended without agreement...
Brazil agribusiness quarterly Q1 2026
Read the latest on Brazil’s key agribusiness sectors, including soy, cotton, corn, beef, coffee, orange juice, and pulp, alongside insights into the impact of US tariffs.
Exclusive Semiannual fertilizer outlook: Tensions in the Middle East trigger disruptions in the fertilizer market
Global fertilizer markets face tight supply, weak affordability, and price risk, which point to pressure on farm economics and risks for crop production and food prices.
Global Daily: Bridge Day
As traders return from the Easter break markets are again counting down to an ultimatum deadline set by President Trump...
Exclusive Food price inflation to hit European wallets by Christmas
Food price inflation will rise in Europe due to higher energy costs, triggering consumer reaction and possibly declines in retail sales volumes and foodservice traffic.