Global Roundup

EU’s Borrell sees Argentina more open to EU-Mercosur trade deal. Argentina, whose new president Javier Milei has said the South American common market Mercosur serves no purpose, now appears to be more willing for the bloc to sign a free trade deal with the European Union, the EU’s top diplomat Josep Borrell said. (Reuters) White House...

UAE Non-Oil Sector Hits Four-Year High

Business activity in the United Arab Emirates’ (UAE) non-oil private sector economy hit its highest level in more than four years in December due to substantial rise in output and new orders. The S&P Global purchasing managers’ index climbed to 57.4 in December, from 57 in November, its highest point since mid-2019, setting it well above...

Wells Fargo

Consumers maintain spending power amid slowing price growth   December 2023   The machine of a dream   Inflation takes another leg lower   A feast of economic data ahead of Thanksgiving   International Economic Outlook: November 2023   Slew of data to binge on  


Global Economic Outlook 2023-25: Looking back, looking forward     The Fed’s lessons from the past, central banks on hold next week and Switzerland opens up   The wind sector bust, immigration boosts growth and corporate spreads repricing risk   OPEC+’s faltering grip, Germany’s budget freeze, and pivoting central banks in emerging markets   OPEC+’s...

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