Econoday’s economists look at the week’s important economic events.
UP 283: What to watch in 2024
Much like 2022, there can’t be many forecasters unhappy to see the back of 2023. Nonetheless, with crystal ball in hand, here’s what the Econoday team think will be driving global financial markets in 2024.
UP 282: What surprised financial markets in 2023
This year has produced the usual string of surprises for global financial markets. The Econoday team reflect on which of these shocks had the most important impact on international investors.
UP 281: Looking for the turn in interest rates
Financial markets are increasingly anticipating interest rate cuts in 2024 despite many central banks sounding much more cautious. The Econoday team looks at what the economic data suggest will happen
UP 280: Bank of Japan: More of a tweak than a twist
In the face of extreme monetary tightening abroad, speculation was rife that the BoJ might finally be forced to follow suit yesterday. In practice, such talk proved overly aggressive. Max Sato and Jeremy Hawkins discuss what actually happened and what it means.
UP 279:The fallout from higher-for-longer
It took a while, but investors now seem to accept that many central banks will be keeping key interest rates at high levels for longer than originally expected. And with that, comes increased downside risk to financial markets and economic growth. The Econoday team discuss the potential fallout.
UP 278: Central bank wrap and a word on oil
After the recent round of central bank announcements, hopes are building that many tightening cycles may finally be nearing an end. However, with prices up around 30 percent since last June, the oil market could yet mean some unwelcome upside surprises in future inflation reports