Peeling back the clinical news and announced APAs, we analyze the global operational, security and political constraints governments are likely...
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Peeling back the clinical news and announced APAs, we analyze the global operational, security and political constraints governments are likely...
Our Country Risk team assesses the risks and implications of the vaccine rollout in the European Union.
Houthi attacks on Saudi Arabia likely to increase in range, targeting strategic infrastructure, entertainment, other Gulf states
Bond market demand has revived: four emerging market sovereign bond sales were sold successfully in the last week alongside Italy’s Green Bond...
Our banking risk experts provide insight into events impacting the financial sector in emerging markets in March
The aftermath of Storm Uri in the United States causes supply chain disruptions and another week of commodity price increases
Despite concerns that a failure to raise the interest rate in February signals otherwise, monetary policy will remain defensive throughout 2021....
According to our Monthly GDP Index, monthly GDP rose 1.4% in January.
Thailand’s economy suffers huge setback from COVID-19 in 2020, weakness likely to extend into 2021.
Supply has been light this week, amidst focus on recent bond market price reversals, but Saudi Arabia achieved its first negative-yield issuance....
Inflation pressures are gaining momentum with year-ago gasoline price jumps.
Our Country Risk Premium’s (CRP) reduced on average across all sectors this quarter, with the decline in potential losses being greatest in the...
Arrest of suspected Islamists in eastern Senegal indicates increasing border insecurity, intention to stage Dakar IED attacks
Civil unrest in the coming years will be driven by a range of issues, including livelihood grievances if governments struggle to steer their...
A winter cold snap in the US and the return of Chinese buyers boost commodity prices
New Libyan executive likely to perpetuate factionalism, rather than achieve unity, remaining hostage to rival militias
The q/q growth rate for the Eurozone will jump in mid-2021 but only after a weak start to the year.
US withdrawing support for Saudi-led offensive operations in Yemen unlikely to improve prospects for truce
In a quieter week with the Chinese New Year and US Presidents’ Day holidays, a large Italian syndication attracted critical focus after tightening...
As commodity prices rebound, is this the start of a more protracted bout of higher prices and the beginning of a new supercycle?
The French government’s proposed climate and resilience bill would affect automotive, aviation, and mining sectors
State tax collections fell more than 7% during the first six months of the pandemic compared to the same period in 2019, with North Dakota, Connecticut...
Despite the successive declines, the MPI remains at its highest point since May 2014 and still stands 48% higher than early February 2020.
Lowering high public sector debt-to-GDP ratios will be challenging for many European economies, exacerbated by structural impediments to future...
This week’s highlight is the announcement that debt-stressed Tunisia is planning to seek sizeable US dollar denominated issuance, although its...
Developments related to the COVID-19 virus pandemic will continue to be a key driver of the eurozone’s economic performance in 2021.
Our banking risk experts provide insight into events impacting the financial sector in emerging markets in February.
Commodity prices may see modest corrections by spring or summer
Worries over the COVID-19 vaccine rollouts and volatility in equity markets causes commodity markets to pull back
Our Chief China Economist looks at the rebound of China's consumer market and what it means for economic recovery.
According to our Monthly GDP Index, monthly GDP was essentially flat in December.
France’s president seeks to curtail Brazilian soy imports, highlighting growing reputational risks for importers of agricultural products
A record 67 special purpose acquisition company IPOs were completed by 21 January.
With the eurozone heading for a second COVID-19-driven recession, talk of reflationary pressures looks rather premature.
After 10 weeks of rising prices, commodity markets dipped last week. Is it merely a blip?
Southeast Asian economies emerged as beneficiaries of Section 301. Our researchers look at the actual impact
Our population experts have determined that population projections for 2030 are likely to be roughly 2.0% lower than previous projections.
Global real GDP projected to surpass late -2019 pre-pandemic peak in Q3 2021 – S&P Global January 2021 Global Economic Outlook
We assess supply-chain diversification opportunities in sub-Saharan Africa (SSA) under the Africa Continental Free Trade Agreement (AfCFTA).
A look at the risks and opportunities associated with the initiatives that could make Chile a leading participant in future hydrogen-based economic...
We see positive indicators of improving issuance conditions for emerging market borrowers
Canadian housing starts were lower in December, however this announcement will not make a permanent dent on robust housing demand.
Record LNG prices cause frantic trading in energy markets
Section 301 tariffs caused trade disruptions when implemented in 2017. As we pass the one-year mark of the Phase One agreement our analysts provide...
First full week of trading in the new year sees commodity prices surge
Colombia, Benin, YPF and Marfrig are among emerging market borrowers arranging liability management measures to extend duration.
Narrow EU-UK trade deal still a welcome development for UK economy amid tightening of COVID-19 virus restrictions from the latter stages of 2020....
First-week issuance included record US high-grade supply alongside multiple emerging market successes.
The ongoing Islamist insurgency in Mozambique’s Cabo Delgado province is likely to expand territorially in 2021
The pace of price growth for commodities is slowing but markets remain optimistic
Our banking risk experts provide insight into the regional events impacting the financial sector in emerging markets in 2021
We revised the US GDP forecast as worsening near-term pandemic and greater fiscal stimulus shift GDP pattern in 2021
Monthly US GDP Index declined 0.8% in November
The pace of price growth does cool slightly but supply disruptions remain
our analysts look at the impact on economy, banking sector, and state enterprises due to China's bond defaults
Supply chain problems support another sizeable weekly gain in many material prices
Sub-average manufacturing vulnerability to infection risk and a boost to German exports from East Asia’s robust post-pandemic rebound provide...
JNIM militants likely to expand beyond tri-border stronghold, increasing IED and small-arms assaults against resistant communities and security...
As we head into 2021, our banking risk experts explore the biggest trends and challenges the emerging market banking sector will encounter.
The withdrawal of fiscal stimulus, high inflation and mounting debt will constrain growth in the first half of 2021; while the availability of...
Leveraging the metadata applied to hundreds of security incidents captured in Egypt between 2018 and mid-2020 we provide a more nuanced understanding...
Using our country risk ratings for a more accurate and actionable forecast of future cash flows
This week’s market highlights included an upsized tap by Ukraine of its 2033 US dollar issue and Tesla placing USD5 billion of equity at prevailing...
Our experts provide their insights on what will unfold in 2021 as we begin to overcome the pandemic and chart new paths for the global economy....
Per our MPI data, markets focus on the success of initial COVID-19 vaccine rollouts to send prices soaring
What will decoupling hold for China and Australia? Our research team looks at the trade implications for decoupling around the globe.
TPLF target government forces with small arms, IED’s and occasional rockets and artillery following withdrawal from Urban centres in Tigray
Manufacturers in South and Midwest see high demand for furniture, appliances, and food; low mortgage interest rates fuel homebuilding in West...
New highlights include an impressive tap by the Dominican Republic of its recent 2032 issue and strong responses to the DoorDash and Airbnb IPOs....
Ethiopia’s real GDP is anticipated to reach a historic low in 2020 amid increased significant downside risk factors including the armed conflict...
European economies’ historic contractions in H1 2020 were followed by large, but partial, rebounds in Q3. A relatively milder contraction is...
Our MPI shows that markets were boosted by strong mainland Chinese data and supply constraints
GDP to surpass pre-pandemic peak in the third quarter of 2021, regains full employment in mid-2023
Cargo disruption from rail blockades is likely to continue in 2021 because of rising job insecurity and ongoing environmental and labor demands....
This week’s calendar continues to indicate improving risk appetite, including five successful emerging market sales on 2 December.
Our banking risk experts provide insight into events impacting the financial sector in emerging markets in December
Chinese manufacturing and vaccine optimism boost commodity prices
Any final EU-UK trade arrangement is unlikely to replicate the frictionless trade that that currently exists between the two parties, and it...
Monthly US GDP Index rose 0.7% in October
US consumers have found a way to spend money amid the chaos and retail has been a key beneficiary of a widespread shift in spending from services...
Persistent low inflation and inflation expectations, combined with a severe adverse shock, leave the eurozone comparatively vulnerable to deflation...
How will China and India realign their external relations in light of a US and China decoupling?
This week’s highlights included China issuing 5-year Euro debt at -0.15% and Saudi Aramco selling a heavily-oversubscribed USD8 billion package....
On 15 November 15 Asian countries signed a trade agreement that will cover 2.2 billion consumers and combined GDP of USD26 trillion – nearly...
Our analysts look at what will influence the currencies of the Commonwealth of Independent States (CIS) in the next few months.
By January 2021, the TPLF will probably retreat to strongholds in northern Tigray, or, in a less likely scenario, retain control of territory...
The renewed rise in infection rates threatens growth and increases the urgency of additional stimulus
Markets seize on positive news despite clear declines in vehicle and foot traffic in Europe and the US
Private consumption is expected to decline by 4.3% in 2020 amid significant inflationary pressures and higher unemployment.
Equities, emerging market and high-yield debt have rallied sharply, with junk-bond spreads reaching record lows
Is Mexico a viable option as supply chains shift due to a US and Chian decoupling?
Rising COVID-19 cases hits commodity prices despite a weaker dollar
The US home improvement products industry is proving not only recession-proof, but spending has reached all time high levels – and economics...
Given the resurgence of COVID-19 and related containment measures, a sizeable GDP contraction is on the cards in Q4 at least.
Our banking risk experts provide insight into events impacting the financial sector in emerging markets in November.
The planned IPO of Australia’s Dalrymple Bay coal terminal facility will seek AUD1 billion+, a major test of demand for coal-related equity.
Summary of battleground state employment picture
Europe re-enters lockdowns prompting questions around materials demand, employment support and the likely cost of another lockdown on effected...
Monthly GDP Index rose 1.0% in September
The IMF and finance ministers from the G20 made some ostensibly landmark decisions affecting the ability of developing countries to access financing...
Low mortgage interest rates fuel homebuilding in the Mountain West and South; the labor market continues its slow and steady recovery; and manufacturers...
This week’s highlight is the Ant Group IPO in Shanghai and Hong Kong, priced to raise a record USD34.4 billion.
A new constitution for Chile is likely to increase the role of the state in the economy, particularly in the provision of basic services.
Commodities gain during a to-and-fro week for US stimulus talks
The EU gained EUR233 billion of demand, growing the stock of Social Bonds by one-third, with its EUR17 billion 10 and 20-year debut SURE deal....
Buyers return after China’s Golden Week holiday
Italy achieved negative yield on a three-year Italian debt auction, alongside record lows at other maturities.
Markets lack direction during China’s Golden Week holiday
Several key challenges will ensure that the recovery of the European tourism sector will lag the overall economy.
The Bahamas is planning a bond sale despite sharply-rising debt burdens
After two weeks of minor declines, growing downside pressure was released in a broad-based fall
What are the possible outcomes from a US-China decoupling? Our team sets forth the possible outcomes and the key questions to ask
Projected 2020 GDP growth creeps up to -3.5% as both fixed and inventory investment strengthen
S&P Global projects that world real GDP will decline by 4.8% in 2020, a far worse outcome than the 1.7% contraction in 2009 at the height of...
Monthly GDP Index rose 0.6% in August
Kuwait succession unlikely to be disputed, with energy and investment policies remaining consistent
A second consecutive weekly fall, this week more broad-based, points to more cautious buying as the global economy heads deeper into unchartered...
Our country risk team provides a snapshot of the events shaping country risk in October.
Zambia is seeking bondholder consent to miss three interest payments starting this October.
Astronomic lumber prices have corrected 25%, pulling our MPI lower despite broad gains elsewhere
This week’s highlight was the arrangement of successful debut ESG deals by seven borrowers, alongside further airline-sector debt and equity...
Some indices roll over after strong rallies, perhaps signalling a pause in the commodities rebound
Our experts utilize novel data collection to track economics recovery (among other things) via high frequency signals from news articles
What does it mean for geopolitical security when three key global players - the US, China and European Union (EU) - turn inwards to focus on...
While emergency financing from the IMF to cope with the direct and ancillary effects of COVID-19 are agreed to, what about additional supports...
Record Asian share sales and multiple bond issuance successes indicate that risk appetite remains strong despite US tech-sector correction.
Home construction and home sales surge in the South and West while weakened travel and tourism plus virus and childcare concerns restrain hiring...
An overheating equity market corrected sharply last week but all commodities, save oil, were unaffected, marching higher
Monthly US data position Q3 for strong growth and we expect “bounce and fade” until vaccine is available in 2021
The World Trade Organization (WTO) must select a shortlist of candidates to replace Ricardo Azevêdo. Who will be backed and what are their policy...
Markets focus on the accommodative Fed rather than growing second waves of COVID-19
According to our Monthly GDP Index, monthly GDP rose 1.9% in July.
Germany gave more details of its Green Bond debut in September: media reports suggest this will be a 10-year benchmark for up to EUR6 billion....
New banking policies at play for both Mainland China and India
How have financial markets been affected by the combination of expansionary fiscal policy and quantitative easing and divergent sectoral performance?...
Media reports claim Oman raised USD2 billion in one-year bridge financing, while five hybrid deals this week indicated a strong “duration bid”....
Chinese stimulus, a softening US dollar and easing COVID-19 containment measures give buyers the green light to keep going
While it may be a little early to fully quantify the long-term economic impact of the pandemic, S&P Global estimates that by 2030 the level of...
The S+P 500 index reached an all-time high alongside recent IPOs displaying exceptionally strong performance.
new Brexit uncertainties are sounding on the risk radar, namely whether the 11-month transition period is sufficient to deliver an agreement...
Understand the risks shaping geopolitical stability in September from elections to trade summits and beyond.
Bullish Chinese data early in the week was offset by rising COVID-19 restrictions, a breakdown in US stimulus negotiations and disappointing...
US investment grade supply during 2020 has reached USD1.336 trillion, beating the prior full-year record in under eight months.
Volatility returns with commodities jumping
Ecuador’s bondholders overwhelmingly accepted its debt restructuring proposals while Argentina has agreed a marginally revised deal with key...
Following a pause in the commodity price rebound last week, the MPI nudged higher, but sluggish demand growth will continue to be a drag
According to our Monthly GDP Index, monthly GDP rose 5.0% in June.
Despite seasonally-quieter conditions, a large Australia syndication and a Hong Kong bank AT1 deal have reconfirmed long-duration demand.
The 11-week stretch of commodity price increases ends amid a diplomatic spat
Understand the risks shaping geopolitical stability in August from elections to debt restructuring and beyond.
Countries/territories for which our Country Risk scores have been changed significantly over the last quarter.
Both Argentina and Ecuador are facing problems to agree restructurings with their creditors, increasing the risk of “hard defaults”.
US Regional Economic Outlook: Northeast to take longest to return to pre-pandemic employment levels, South faces most acute downside risk given...
Encouraging Chinese data and a softer dollar lifts commodity prices for an 11th consecutive week as policymakers weigh further stimulus
Sweden has pursued a fundamentally different strategy in responding to the COVID-19 virus compared with other Western European countries. It...
Resumption of operations at auto production plants supports higher consumer spending and hiring in the Midwest and Great Lakes, while tourism...
A fourth emerging market borrower is now seeking hybrid debt, amidst multiple long and ultra-long dated issuance within the asset class.
A tenth consecutive weekly gain in our Materials Price Index (MPI) leaves the MPI down just 9% in 2020 as capacity closures raise materials price...
Our global economics flash for July 2020. While the worst is probably behind us, the global recovery remains weak and subject to further downside...
In recent days, three emerging market banks sold debt, including an AT1 deal for Mexico’s Banorte, while China Bohai Bank raised equity.
Ecuador has agreed debt restructuring with around half its bondholders while Argentina has significantly narrowed the gap with its creditors
A better than expected US jobs report and good June Purchasing Managers data offers cheer but growing COVID-19 case counts in the Americas presents...
According to our Monthly GDP Index, monthly GDP rose 4.1% in May
The United States-Mexico-Canada Agreement came into force on 1 July, replacing the 1994 North American Free Trade Agreement.
Government-military relations in Pakistan deteriorate over COVID-19, increasing likelihood of PM being replaced or ruling coalition collapsing...
Dominican Republic election likely despite COVID-19-virus spread; tourism and transport and energy infrastructure new government key priorities...
Heavy US equity issuance, including a USD14.8 billion placement by T-Mobile US, took 2020 US share placement volumes to over USD100 billion.
COVID-19 cases rose more rapidly in certain areas of the US, India and Brazil last week spooking financial markets, but commodity prices continued...
We had anticipated that the Bank of England would expand its bond-buying scheme by GBP100 billion (USD124 billion), but it was at the lower end...
Investigations into AfDB president’s suspected misconduct indicates growing multilateral and bilateral creditor rivalry, and likely governance...
On 15 June, New Zealand syndicated NZD7 billion of 2024 debt, doubling its prior record in April: Belarus and Honduras also successfully sold...
UK’s plan not to prolong post-Brexit transition makes interim arrangements initially more likely than finalised EU deal
Commodity prices continue to surge on improved manufacturing demand and investor interest
During the last week, two borrowers – Africa Finance Corp and Helios Towers – successfully reopened the market for sub-Saharan African debt
Even with the beginnings of a recovery in place, the carnage from this pandemic and the lockdowns can only be described as horrific.
Ten European sovereign issuers successfully sold debt this week after the ECB expanded its PEPP program by EUR600 billion.
Commodity prices surged higher on supply side disruptions and optimism over demand
Geopolitics in a post-pandemic world – Scenarios for 2025
We revised down our projection for GDP growth in 2020 from -7.3% to -8.1%, well below the 10 May "Blue Chip" consensus of -5.8%.
Few industries have avoided harm from the impact of COVID-19 and the resulting containment measures. Who is most impacted and who will grow in...
Hungary and Deutsche Bank completed successful Green Bond debuts this week, highlighting the ongoing long-term growth of ESG funding.
Business closures clobbered hospitality and retail hiring in Western states and the Northeast and a faltering energy sector and pandemic-related...
Markets breathe a sigh of relief that President Trump's press conference did not contain even harsher actions against China
Following April’s additional liquidity provision, June’s policy announcement is likely to center on ramping up net asset purchases via the PEPP....
Our May US Regional forecast shows that every state will experience significant employment and GDP declines in the near term.
Monthly GDP Index plunged 11.3% in April
Argentina failed to make a USD503-million payment of delayed interest on three bonds on the expiry of their grace periods, entering a technical...
European corporate high-grade supply in 2020 is 80% ahead of 2019 levels, while US bank issuance is over 40% higher.
Commodity prices record another strong week on prospects for Chinese stimulus and phased re-openings in Europe, Japan and the US
Regional surveys of manufacturing activity showed signs of improvement in May after crashing to historic lows in April.
Argentina faces technical default on 22 May, Province of Buenos Aires triggered this on 14 May, and Digicel is also facing a Moody’s default...
Economies reopening and supply-side issues drive another strong gain in commodities
A “bottom-up” approach is less volatile and more nuanced than a markets-led approach and results in the potential for investment opportunities...
Recovery in global economic output to pre-pandemic levels will take two to three years
OPEC+ supply cuts and weaker US output lifts crude prices and the broader commodity complex
Grenada became the first IDA country to seek an agreed debt moratorium on its private-sector debt – but then met slated payments to avoid default...
COVID-19, armed conflicts and locust swarms will drive an increase in Sub-Saharan Africans facing a food crisis
Epic 37% annualized decline in GDP in Q2; upturn begins in Q3, but takes two years to reach prior peak
Construction in Americas, Middle East and Africa regions have been the hardest hit by issues related to the COVID-19 virus pandemic.
Alongside bond supply from Bahrain, Chile and a syndicated 15-year deal from Germany, this week has seen the completion of two perpetual capital...
Canada's job market was devastated once again with a 1,993,800 nosedive in net employment, which was weaker than our expectations.
Primary equity activity has expanded including sizeable deals for Southwest Airlines, Reliance Industries and a substantial Chinese IPO.
Mining in Brazil, Chile, Mexico, Peru likely to face acute challenges in the wake of COVID-19
Crude oil rises sharply, but markets are becoming nervous about a resumption in the US-China trade war
The Lebanese government’s financial sector restructuring plan includes banking sector losses of at least 200% of forecast 2019 nominal GDP
Growing piracy off Malay Peninsula likely to be exacerbated by economic effect of COVID-19-virus crisis
NAB has arranged an AUD3 billion underwritten share placement to offset COVID-19 impacts, setting a sector precedent for capital raising
According to our Monthly GDP Index, monthly GDP fell 5.1% in March 2020.
Italy gained record demand of over EUR110 billion for a EUR16 billion syndicated package, and Spain EUR97 billion for EUR15 billion of 10-year...
Optimism remains in markets despite extensions to lockdowns
Regional surveys of manufacturing activity established new series lows in April, obliterating the previous lows set in 2009.
Findings from our EPIC report help supply chain professionals drive more informed decisions about how to best operate in unprecedented times
What does recovery look like? Our economists provide their outlook
Analysis on the impact of COVID-19 on protest and riot risks globally
Latin American, Asian and junk-bond supply this week indicates improved bond market risk appetite, despite worsening debt sustainability
Volatility falls and prices rise as markets begin to calm
Our COVID–19 Country Vulnerability Index ranks countries’ capacity to deal with new outbreaks as well as those expected in the coming weeks and...
In total, across S&P Global’s 52 rated banking sectors, the outlook on our rating is Negative for 41 economies, an increase of 32 since the beginning...
Severe US recession to curtail remittances to Central American countries, worsening external balances and domestic recession risks
Commodities plunged further, faster in another broad-based move lower
S&P Global looks ahead to the events shaping country risk in April 2020.
Ethiopia’s Prime Minster calls for emergency budgetary support and debt relief for African countries for which COVID-19 will pose a significant...
Collapsing demand continues to push commodity prices lower.
No state will be immune from employment and GDP declines this year given the sudden and deep economic shocks associated with the necessary containment...
While investment grade borrowers are rushing in record volume to capture liquidity, emerging market borrowers rely ever more on IMF support
Most economies won’t return to pre-pandemic levels of output for 2-3 years
Despite IMF/IBRD moves to ease official debt burdens, Ecuador has moved towards debt default: Argentina and African states also seeking relief...
Manufacturing shuts down in Europe and the US as COVID-19 takes a hold
Despite large-scale fiscal and monetary intervention including major QE programs, investors are continuing the flight to cash.
Pandemic will cost the economy $1.5 trillion (2012 dollars) in foregone GDP
Energy prices tank as Western Europe begins social isolation in earnest
Disruptions to supply chains, demand, international trade flows, and travel, along with lockdowns and collapsing stock prices, resulting from...
A recovery, starting in the first quarter of 2021, will be impeded by lack of monetary policy space and an inadequate fiscal response.
Sunday’s aggressive rate cut could be the “final” adjustment to the federal funds rate, as there is little appetite now within the Federal Reserve...
Saharan Africa (SSA) region is highly susceptible to ancillary effects from the COVID-19 virus outbreak
This week’s market developments are dominated by the breakdown of OPEC production discipline and the global expansion of COVID-19.
S&P Global study shows US off highway equipment industry directly supports 480,000 jobs and 2.8 million total jobs, with 35 states at more than...
Commodities rose slightly last week as the US Federal Reserve cut rates to offset the effects of the spreading COVID-19 outbreak
Expect a sharp reduction in near-term growth, followed by a slow recovery
Despite a mid-week rush of corporate bond supply, S&P Global views COVID-19 to have lasting and sizeable adverse potential market impacts
Intensifying fears of the global impact of COVID-19 sparked a major sell-off in markets, which hit commodity prices once again last week
Analysis from our Senior Economist Ken Matheny on today’s Federal Reserve rate cut
We recorded 78% more public mass shootings in 2019 than the preceding five-year average.
On the precipice of crisis: What’s next for the Lebanese banking sector?
Materials prices increase for second consecutive week; freight remains a weak spot.
Record Italy syndication and multiple hybrid deals highlight “risk-on” investor appetite.
2020 economic outlook for Malaysia clouded by coronavirus economic impact
Yemen-based Houthi movement has mounted 462 attacks against targets inside Saudi territory since 2015
The Asia-Pacific commercial aviation industry is being hit by a massive economic shockwave from the escalating novel coronavirus crisis sweeping...
Chinese travel restrictions are disrupting manufacturing, driving expectations of a demand shock
Djibouti's weakening fiscal position indicates tax demands targeting logistics and telecoms, cancellation of European renewable energy contracts...
Our US regional team looks at what will drive growth for 2020
An active European block-deal calendar and India’s privatization program for 2020/21
This week’s debt highlights were Poland capturing five-year funding at negative yields and Ghana raising 40-year bonds
The disruptive effects of the spreading coronavirus on the Chinese economy sends commodity prices down hard
Islamic State activity in Iraq and Syria unaffected by Baghdadi's death, Turkish incursion, or US partial-withdrawal
Worries about the spread of Coronavirus leads to Shanghai Stock Exchange Index falling 8.2% by mid-morning on 3 February, with the Shenzhen Composite...
Within improving bond markets, this week’s market highlight was Greece’s 15-year syndicated sale
Concerns around the coronavirus are spreading. Our experts look at the economic and security impacts
Despite government critic's protest call for anniversary of 2011 revolution, significant mobilisation in Egyptian cities unlikely
Commodity markets, already slow over Lunar New Year, are being hit by worry over the impact of the coronavirus on Chinese demand
According to our Monthly GDP Index, monthly GDP rose 0.1% in December 2019.
Czech president’s decision not to attend summit in China unlikely to alter foreign relations or affect investments
Failure by Prime Minister-designate to win confidence vote increases likelihood of new elections in Tunisia
Five sizeable emerging markets deals were sold successfully on 21 January, with Pemex particularly-successful.
Zimbabwe has entered into a currency swap deal with China, however, the deal is unlikely to solve Zimbabwe's foreign-exchange crisis and suggests...
The economic consequences of the coronavirus could be extremely concerning for the Asia-Pacific region
Disputes between India's central and state governments probably to increase given disagreement over citizenship law, taxation
Our examines the impact of a longer than expected pause in the production of Boeing’s 737 MAX
Parliamentary debates over labour liberalisation bill likely to fuel periodic, large-scale protests in Indonesia’s major industrial cities
Commodities powered higher last week on Asian restocking demand and a clearer trade outlook
Iran-US conflict to disrupt Brazil-Iran trade, increase Venezuela sanctions risks, and potentially undermine Argentina’s relationship with IMF...
Al-Shabaab assault on airfield indicates broadening of target set to include military installations in Kenya and Somalia
After record Euro-issuance last week, markets remain highly-active with six sovereign syndicated bond deals: Saudi Aramco grew its IPO 15%
Brazil’s fiscal reform likely to lose momentum in 2020 given president’s lack of engagement with Congress
What will the market look like in 2020 for metals?
Economic studies ascribe a range of effects (positive and negative) to higher minimum wages. We take a close look as 26 states make adjustments....
The timing and nature of the decision are highly unusual, while the reasoning is not entirely clear.
A record USD3 billion sale by Israel along with successful sovereign debt sales by Slovenia, Ireland and Portugal.
European gas prices plummet on pipeline deal, before US-Iran tensions boil over at the week's end
A trend of weaker population growth overall and a decline in natural population increase has negative implications for economic growth at both...
Singapore's election likely in March 2020, followed by ruling party leadership transition, but policy continuity almost certain
Stimulus package including supplemental budget likely to mitigate downside risks, boost support for Abe administration in Japan
Recent data shows Euro-denominated debt issuance at near-record levels, but IPO deal numbers fell roughly one-fifth in 2019.
How will several political developments in selected emerging markets impact on capital flows such as private investment, bank lending, and trade....
The six-week rally slowed last week as markets wait for direction in 2020
According to our Monthly GDP Index, monthly GDP rose 0.1% in November
Transport networks, small and medium-sized businesses in Guatemala face extortion demands from expanding range of criminal actors
Policy pivots, strong consumer fundamentals, and “de-risking” portend a prosperous new year
Less uncertainty on trade supports rebounding commodity prices
Kenyan MSMEs to benefit from reduced taxation in 2020 but capital constraints to limit private-sector performance
Ethiopia to finalize foreign investment framework for aviation, energy, and telecommunications, but banking excluded
Large-scale but peaceful protests likely in 2020 across Thailand because of opposition-candidate disqualification and economic slowdown
Suspension of 737 MAX production to reduce Q1 GDP growth by 0.5 percentage point
As the World Trade Organization’s (WTO) Appellate Body (AB) ceases to function, around 88 trade disputes are very likely to remain unresolved....
The US-China 'phase one’ trade deal' reduces tensions and improves the mood in markets
What's coming in 2020? Global growth will expand at a rate of 2.5 percent in 2020 before edging up to 2.7% in 2021 and 2022.
More positive data points help to propel prices to a third week of gains
In the first week after Thanksgiving, two borrowers raised perpetual debt and several others obtained longer-dated liabilities.
Better news on manufacturing is providing some support for commodities.