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US Economics Weekly US Weekly: What have we learned from Trump’s first week? President Donald Trump’s first week back in office kicked off with a bang. He signed around 100 executive orders and strongly signalled that there were more policy changes to come. The week’s... 24th January 2025 · 7 mins read
Commodities Focus What to make of Trump’s National Energy Emergency? The declaration of a National Energy Emergency underlines President Trump’s aspiration to extend the US’s dominance in global energy markets, and his willingness to use the US’s clout as leverage will... 23rd January 2025 · 17 mins read
US Economics Update What to make of Trump’s latest trade plans? The “America First Trade Policy” White House memorandum makes it clear that tariffs are coming, although we still have little clarity on the timing. There are some signs that a universal tariff could... 21st January 2025 · 3 mins read
US Economics Update US twin deficits a growing vulnerability The precarious nature of the outlook for the Federal budget deficit is well appreciated at this stage, but arguably the bigger long-term risk is the mounting current account deficit. With the primary... 21st January 2025 · 4 mins read