GLOBAL MACRO INSIGHTS

The Dollar’s Slow Death: How Trump Is Playing with the World’s Reserve Currency

If global investors needed a barometer of their growing disillusionment with President Donald Trump’s economic crusade, they have it: the US dollar. Since Trump’s return...

Fed Forecasts Drift as Trump’s Tariff Storm Clouds Rate Path

Federal Reserve officials are still, somewhat heroically, pencilling in two interest rate cuts in 2025. But their latest projections reveal an increasingly fragmented consensus as...

Trump’s Bunker-Busting Gamble: US Strikes Push Middle East and Markets to the Brink

In a dramatic escalation with potentially seismic consequences, President Donald Trump authorised unprecedented airstrikes against Iran, triggering global alarm just as the world economy teeters...

Washington Flirts with Risk: US Regulators Eye Looser Capital Buffers for Megabanks

In what might generously be described as a curious interpretation of “financial stability,” the United States’ top banking regulators are reportedly considering a reduction of...

US Core Inflation Eases Again in May, but Tariff Risks Loom

Core inflation in the United States rose by less than expected for the fourth consecutive month in May, suggesting that firms have, for now, largely...

Trump’s Monetary’ Rocket Fuel’: A Lesson in Central Bank Arm-Twisting

President Donald Trump is back on his favourite economic hobbyhorse: bullying the Federal Reserve into doing his bidding. His latest social media salvo demanded a...

ECB’s Schnabel: Talk of Transatlantic Monetary Divergence? Don’t Get Too Excited

Those hoping for a lasting split between the monetary paths of the Federal Reserve and the European Central Bank may want to curb their enthusiasm....

The Great Emerging Market Bond Rush

Yield-hungry investors are once again fuelling a borrowing bonanza across developing nations, prompting a record surge in hard currency bond issuance, all in a mad...

China’s Export Engine Sputters – and Guess Who Gets the Blame

China’s exports rose last month, just not quite enough to please economists, who were hoping for 6% growth and instead got a slightly underwhelming 5%....