Global Economics
Find economic insights and analysis on the latest geopolitical and macroeconomic developments and their local and global implications.
Exclusive Buying time
Externally, the U.S.–Iran conflict has now reached the one‑month mark with no concrete progress, heightening global uncertainty and raising risks for inflation and fina
Global outlook: Energy shock slows economic growth around the globe
War in the Middle East has upended global energy markets. This affects the entire global economy.
Exclusive Banxico Post-Decision Report: Close call
Banxico announced its decision to cut the overnight policy rate 25bp to 6.75% at the most recent meeting.
More persistent inflation
As the war with Iran continues and critical energy infrastructure in the Gulf region has been damaged, we have updated our macroeconomic forecasts for the US.
Exclusive Banxico Preview: More inflationary risks
We expect Banxico to hold the overnight policy rate at 7.00% at the March 26 decision.
New Zealand Economic Update: March 2026
The Iran war is now in its fourth week and the critical Strait of Hormuz remains mostly closed to shipping...
Exclusive Energy at the Edge
We are raising our crude oil and natural gas price forecast after a deterioration to the prospect of any swift resumption of energy flows through the Strait of Hormuz.
Global Daily: It Takes Two to TACO
The Iran war rages on and energy importers in Asia continue to look nervously at their ‘days cover’ dashboards for liquid fuels...
Exclusive Energy Insights of the Week
Energy prices continue to climb as the war with Iran disrupts supply and unsettles global markets.
Global Daily: Look to America
US equity indices closed lower yesterday but were comparative outperformers against European and Asian counterparts, which were roundly brutalised.
The ECB prepares a warning shot
Reality is increasingly shifting towards the ECB’s worse case scenarios, with elevated inflation unless the ECB acts. We pencil in a 25bp rate hike in April.
Geopolitics and the impact of the war in Iran on Australia and the world
A discussion on the impact of the war in Iran and wider geopolitical implications on Australia’s and New Zealand’s economy and agriculture.