Author: Editor
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June 2025
Egypt’s political scene is being shaped by a mix of intense pressure at home and active manoeuvring abroad. Egypt stands at a critical crossroads, balancing fragile and dangerous regional affairs with an economic recovery gaining momentum. Amid mounting criticism over Gaza and border tensions with Sudan, Cairo is navigating a precarious diplomatic path, deepening ties…
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Taiwan Macro Brief: June 2025
Taiwan’s macro story continues to be one of quiet resilience. The central bank remains on pause, inflation is cooling, and financial regulators are stepping back after a temporary tightening of market controls. Employment, meanwhile, is hitting fresh records - and that remains a core source of strength. Monetary Policy The Central Bank of the Republic…
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South Korea Macro Brief: June 2025
The past month has sharpened an already tricky policy dilemma. How to steer through weak domestic demand, rising external risks and still manage creeping debt stress without losing market confidence? The Bank of Korea (BOK) has now delivered a fourth rate cut, regulators are tightening the screws on household lending, and the won continues to…
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India Macro Brief: June 2025
As the new quarter kicks off, India’s macro narrative is walking a fine line. The Reserve Bank of India (RBI) is easing more confidently, liquidity is flush, and early monsoon forecasts look positive. But risks are circling - from creeping rupee pressure and patchy capital flows to new scrutiny on external financing and card spending.……
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June 2025
May revealed widening contrasts across corporate Mexico. While some firms reported contractions driven by inflationary pressure, operational delays or softer demand, others posted solid gains - signalling that current volatility is testing firms’ adaptability. Nearshoring momentum appears to have slowed, but previously announced investments remain intact, with no sign of capital withdrawal.…… Read the rest
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Philippines Macro Brief: May 2025
Philippines Macro Brief: May 2025 US-Philippines trade negotiations are ongoing in Washington as we type, with the expectation tariffs will eventually fall into the 10-15% range. Meanwhile, the Bangko Sentral ng Pilipinas’ (BSP) Circular No. 1212 has introduced a sweeping range of changes set to affect FX derivatives, FX speculation, the quantification of FX exposure,…
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Russia Macro Brief: May 2025
This month, in the light of Putin’s 28th May demand that Western leaders pledge in writing to halt the eastward expansion of NATO, we are taking a step back from our usual macro terrain. Instead we are focusing on geopolitics - and specifically on an article we published almost exactly three years ago.… Read the…
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Malaysia Macro Brief: May 2025
Malaysia’s macro policy stance remains steady - but not still. Bank Negara Malaysia (BNM) is holding rates firm, the Ringgit is under pressure and signs of financial tightening are quietly building. Black market rates have started creeping back in, retail card usage overseas is facing new restrictions and the central bank is clearly watching capital…
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Chile Macro Brief: May 2025
Chile enters mid-2025 with the brakes on and the pressure building. The Central Bank has kept rates on hold for a third straight meeting as inflation proves stickier to shift than had been hoped and the peso loses a bit of steam. Growth is slowing, the labour market remains patchy and the reform agenda is…