Our view on
Economics & Markets
Macroeconomics and movements in financial markets impact many aspects of our lives. Having a well-informed view of what could transpire can help mitigate the risks we face and uncover profitable opportunities.
Our most recent publications
March 23, 2025
Weekly Macro & Markets View, Week 13
- The Fed keeps rates unchanged,
but announces a slowdown in QT
We still expect further rate cuts this year, but elevated inflation rates are a challenge for the FOMC. -
The German Bundesrat passes debt
break reform, clearing the way for
historic increases in defence and
infrastructure spending
This marks a fundamental change for Germany and should create a more robust growth and inflation backdrop for Germany and Europe. -
A quieter week on the geopolitical
news front sees most global equity
markets grind higher
Investors kept the faith last week, with fund flows suggesting some buying of the dip in US stocks following very sharp outflows in recent weeks, though technical resistance levels are close.
March 13, 2025
Inflation Focus
- Tectonic shifts are underway in the global economy, driven by the changing geopolitical and global trade backdrop
- Inflation should continue to grind lower near term, with goods deflation and slowing services inflation still in place
- Central banks are set to respond to any emerging price pressures, which should help to contain inflation medium term
- Inflation will remain volatile, however, amid more fractured global trade and defence spending pressures
Explore publications
March 04, 2025
Monthly Investment Insights
Key developments
- US economic data indicate a slowing in growth from high levels as inflation expectations rise
- Tariff uncertainty increases as further threats are made by the US administration, while implementation is fragmented and opaque
- Rotation accelerates away from US stocks, particularly the largecap tech names, with Eurozone equities the prime beneficiaries
Explore our publications
Weekly Macro & Markets View
Weekly Macro & Markets View
Designed to give clear interpretation of the previous week’s macroeconomic and financial market developments. This publication represents how Zurich sees the financial landscape evolving on a week-by-week basis.
Monthly Investment Insights
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 equities, credit and government bonds.
Inflation Focus
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
Topical Thoughts
Investigative research on specific issues that affect the business environment, with expert thoughts and opinions provided on an ad hoc basis.
Economic and Market Outlook
Economic and Market Outlook
With a 12 months focus, this publication is designed as a reference document for multiple user groups. 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 Outlook
Mid-Year Outlook
An update on the Economic & Market Outlook is provided, gauging developments and projecting how the months ahead are likely to unfold.
Videos and Podcasts
To compliment some publications, a series of short videos and, in the case of Topical Thoughts and the Economic and Market Outlook, more detailed podcasts are available.
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