Weekly Macro & Markets View
What were the key global economic data releases, what is Zurich’s view and what does this mean for financial assets?
Weekly Macro and Markets View, Week 17
Highlights and View
-
The mantra of jaw-jaw rather than war-war was the order of the week as a fragile ceasefire held and discussions between the US and Iran continued
Oil prices fell 3% to USD 90, though the Strait of Hormuz remains closed as the US blockade continues while Iran reneged on the opening from its side due to the US position. -
China’s Q1 GDP growth rises to 5.0% YoY, beating expectations, but beneath the surface the economy remains bifurcated
With GDP growth hitting 5%, policymakers are unlikely to rush to stimulate the economy meaningfully, signalling continued sluggish consumption and a lifeless property market ahead. -
US small business optimism is dragged down by the war in Iran
Small firms’ capex plans fall back to the lowest since 2009 as uncertainty and higher input costs weigh on companies.
Archive
Explore our publications
Monthly Investment Insights
Structured to give a succinct view of the investment outlook and economic prospects for the coming months. Focus is on key developments from an investment perspective, with a tactical view presented on the major asset classes of the Group, in particular equities, credit and government bonds.
Inflation Focus
A quarterly publication, conveying the most likely outlook for inflation over the subsequent 12-24 months. Global and regional views are provided, detailing the driving forces behind the outlook. Point forecasts are offered for the major coverage areas, with short-term moves and pressures also identified.
Topical Thoughts
Investigative research on specific issues that affect the business environment, with expert thoughts and opinions provided on an ad hoc basis.
Economics & Markets Outlook
With a 12 months focus, this publication is designed as a reference document for multiple user groups. It provides the foundations for the financial market and economic views at Group level. It is segmented by region and provides in-depth coverage of both economic and financial market fundamentals, as well as the underlying trends that are observed.
Mid Year Review
An update on the Economic & Market Outlook is provided, gauging developments and projecting how the subsequent 12 months are likely to unfold.
Real Estate Outlook
A publication from Zurich Real Estate Investments that shares valuable perspectives from our global experts.
Get regular insights
To keep abreast of global developments, please subscribe here: