Reports
US Treasury auctions hold firm amid fiscal and policy jitters
Is the US fiscal path sustainable, especially given sticky inflation, higher-for-longer interest rates and the Trump administration's unpredictable policy mix? Questions were raised after a government bond auction in May was poorly received, but more recent debt sales indicated there is still robust demand for long-term securities.
Reports
Global contagion lessons from bond and equity flows
Financial crises are not all created equally. We can take a historic look at the severity of various episodes since the 1990s thanks to fund-flow data from our partners at EPFR - and compare the differing levels of global contagion on equities and bonds.
Reports
Japan’s rice crisis from acreage reduction to panic buying
Japan had broadly welcomed the current turn from deflation to inflation, but the recent spiral in rice prices is starting to seriously strain household budgets.
Reports
Coal's complex export dynamics: Indonesia, China and emissions concerns
Indonesia is the world's largest coal exporter, and its production hit a new high last year; China is its top market for the mineral (and the world's No. 1 coal importer more broadly).
Reports
Exploring Gold & Precious Metals commodities intelligence with CEIC
Discover how CEIC’s timely, locally sourced datasets on Gold and Precious Metals can help you navigate supply and demand shifts, build smarter models, and stay ahead of market-moving trends.
Reports
India's surprise half-point rate cut
India might be the world's fastest-growing major economy, but the pace wasn't enough for Sanjay Malhotra, the recently installed governor of the Reserve Bank of India. He unexpectedly cut the central bank's key rate by 50 basis points a week ago and slashed the cash reserve ratio for lenders.
Reports
Deflation is back in Switzerland
While most developed economies continue to grapple with sticky inflation, Switzerland is actually seeing consumer prices shrink. As a result, some observers see a return to negative interest rate policies as a distinct possibility.
Reports
China's growing importance to the global oil market
The primary driver of global crude oil demand has shifted from developed economies to emerging markets. In 2023, non-OECD countries accounted for 55% of global crude oil demand; meanwhile, as our chart of global consumption shows, demand growth in developed countries has remained relatively stable.
Reports
US 50% steel & aluminum tariffs kick in
Donald Trump's promised tariffs on steel and aluminum took effect in early June, imposing a levy of 50% on imports of both metals. The administration argued that that tariffs in the president's first term successfully supported domestic producers against unfair foreign competition as imports decreased.
Reports
Comparing the US and Japanese yield curves, bond markets and auctions
Analyzing the US and Japanese government bond yield curves over the years shows that when it comes to steepness, the two nations have "swapped places" several times over the past decade. We show this by charting the spread between 5- and 30-year bond yields for both nations.