(Source: Merlea Macro Matters)
Global Markets Outlook — Volatility Rising: How Energy Shocks Are Reshaping Global Markets
The Middle East conflict is the largest global energy shock in over a decade. Disruption to the Strait of Hormuz, which...[Read More]
Macro Matters December 2025
4 January
(Source: Merlea Macro Matters)Summary Global Markets Recap: 2025 in ReviewGlobal equity markets delivered strong gains in 2025 despite persistent macro headwinds. Developed markets posted double-digit returns, buoyed by resilient growth,...[Read More]
Macro Matters October-November 2025
10 October
(Source: Merlea Macro Matters)
Summary
Rate Cuts Begin as Inflation Eases, Dollar Slides, and Gold Surges
The global economy is entering a new phase. Inflation is cooling, central banks are pivoting, and markets are adjusting. On September 17,...[Read More]
Macro Matters September-October 2025
16 September
(Source: Merlea Macro Matters)SummaryGlobal Trade Realignment: The Fallout from U.S. TariffsAs we enter the final quarter of 2025, the global economy is showing mixed signals. Growth remains positive in many regions, but momentum is...[Read More]
Macro Matters July-August 2025
21 July
(Source: Merlea Macro Matters)SummaryTariffs and Tensions: Global Economic Outlook for Q3 2025The third quarter of 2025 marks a critical juncture for the global economy. After a volatile first half shaped by aggressive trade policies,...[Read More]
Macro Matters May-June 2025
2 June
(Source: Merlea Macro Matters)SummaryGlobal Growth Outlook Under Pressure – Is the Era of U.S. Exceptionalism Ending?As Donald Trump’s new wave of tariffs takes effect, the global macroeconomic landscape is entering a phase of...[Read More]
Macro Matters April 2025
7 April
(Source: Merlea Macro Matters)SummaryGlobal Economy on Edge: Tariffs, Inflation, and the Stagflation ThreatThe global economy is facing some big changes, and a lot of it comes down to trade, inflation, and interest rates. One of the...[Read More]
Macro Matters March 2025
14 March
(Source: Merlea Macro Matters)
Summary
The New Era of Trade Barriers: What It Means for Investors
The rise in tariffs worldwide signals that trade policy is now being shaped by more than just economics. While tariffs have always existed to...[Read More]
Macro Matters January 2025
24 January
(Source: Merlea Macro Matters)SummaryThe evolving geopolitical and economic landscape continues to shape global financial flows and growth potential, fuelling uncertainty across regions. BNY’s iFlow® Mood Index, which measures daily...[Read More]
Macro Matters November 2024
27 November
(Source: Merlea Macro Matters)SummaryThe global economic landscape is entering a complex phase, marked by slowing growth and rising uncertainties stemming from President-elect Donald Trump’s proposed policies. Here’s a closer look at...[Read More]
Macro Matters October 2024
15 October
(Source: Merlea Macro Matters)SummaryThe global economic landscape continues to follow distinct paths in the world's three largest economies. The U.S. economy is performing strongly, with growth above expectations despite high interest...[Read More]
Macro Matter September 2024
20 September
(Source: Merlea Macro Matters)SummaryAs the global monetary cycle shifts towards synchronised easing, September brings heightened market volatility, with the unwinding of the yen carry trade posing significant risks. Following the Bank of...[Read More]
Macro Matters August 2024
14 August
(Source: Merlea Macro Matters)SummaryGlobal Market Turmoil and the End of Easy MoneyMonday's global market turmoil was anticipated, driven by short-term pressures like the unwinding of the yen-based carry trade. In this trade,...[Read More]
Macro Matters July 2024
16 July
(Source: Merlea Macro Matters)SummaryGlobal Political Shifts and Economic Uncertainty Fuel Market VolatilityThe rising anti-EU sentiment in France, coupled with the uncertainty following Macron's snap election, highlights societal...[Read More]
Macro Matters June 2024
18 June
(Source: Merlea Macro Matters)SummaryDue to the delayed easing by the Federal Reserve, many other economies will also see postponed rate reductions. This includes countries with currency pegs to the US dollar, like Saudi Arabia, and those...[Read More]
