Global Economics
Find economic insights and analysis on the latest geopolitical and macroeconomic developments and their local and global implications.
Exclusive Banxico Post-Decision Report: Pledge to hold
Banxico left the policy rate unchanged at 6.50% on August 6.
Exclusive The Devils in the Details
The collapse of the US-Iran MoU in early July led to escalation and higher crude prices.
Global Daily: Financial Fort Sumter
US equity markets approached record highs yesterday as traders basked in the afterglow of Donald Trump’s decision to (again) call off Iran strikes in favour of diplomacy.
Global Daily: Groundhog Day
It’s Monday morning again and it feels like Groundhog Day as I sit down to write that the US President has (again) halted strikes on Iran...
Exclusive The Only Way Out is Through
The EU strengthens its industry and reduces dependencies
Plans to strengthen the European industry and reduce foreign dependencies are becoming more concrete and coherent, but much needs to be done to make these reality.
All talk and no hike
Today’s FOMC meeting was all talk and no action.
Global Daily: Circle of Life
Active Brent crude futures fell by almost 5% yesterday as the US extended its pause on striking Iran...
Talking about hikes
We expect this week’s FOMC “family fight” to center on rate hikes, but we do not expect the Committee to make a decision just yet.
Mexico sugar outlook 2026/27: Improved access to US market should improve industry margins
Improved access to the US market could strengthen margins across Mexico’s sugar sector in 2026/27.
Global Daily: Massive Relax?
Oil futures are being offered this morning after President Trump on Friday declined to continue strikes on Iran...
The ECB holds to hike another day
The ECB saw no reason to hike rates today, but Lagarde hinted at a rate increase in September. This remains our base case.