Global Economic Outlook, October 2025
Global growth is heading into October on a shaky footing. Services are holding up reasonably well, but manufacturing remains uneven, and the pace of disinflation is losing steam. Central banks are treading carefully, the Fed is still leaning toward easing,...
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US labor data and EU inflation. Market needs more clarity.
Markets remain in search of clarity as U.S. labor data and Eurozone inflation loom large next week. The U.S. economy continues to show resilience, with the Atlanta Fed GDPNow estimate rising to 3.9% (from 3.3%) on strong consumer spending (+0.6%...
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U.S. inflation data and the People’s Bank of China’s monetary policy meeting, Markets in the week ahead!
In the United States, the economy remains uneven. Consumer demand is resilient—August retail sales rose 0.6%, buoyed by e-commerce and auto purchases—but industrial production and housing continue to lag. Housing starts fell 8.5% in August and permits have declined for...
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Central banks turn! How can FED, BoE and BoJ move the markets?
Central banks are pivoting as inflation cools unevenly, and growth softens. In the U.S., inflation has crept back toward ~3% while hiring slows after downward revisions. The Fed is poised to begin cuts in September, supporting Treasuries and leaving the...
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U.S. Inflation & ECB Meeting: This Week’s Main Market Drivers
Last week (Sep 1–5) closed with a sharp U.S. hiring slowdown and softer yields, pushing the dollar lower and resetting risk sentiment. This week (Sep 7–12), all eyes are on the U.S. August PPI/CPI—key to real rates and Fed-cut odds—and...
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