Global Markets

John Higgins

Chief Markets Economist

John Higgins is Capital Economics’ Chief Markets Economist, with overall responsibility for our Capital Daily, Global Markets, Asset Allocation and FX Markets services. Prior to joining the company in 2008, he worked at Stone & McCarthy Research Associates, where he was Senior Economist covering the euro area, and before that at Nomura International plc in London, where he was Head of Economic and Credit Research within the fixed income division. John is a graduate of the University of Exeter.

Jonas Goltermann

Deputy Chief Markets Economist

Jonas Goltermann is the Deputy Chief Markets Economist at Capital Economics and heads up the FX Markets service. Jonas joined Capital Economics in 2019 from ING Wholesale Banking, where he worked in the Global Macro Research team. Before that, he worked as an economist at the Bank of England and the UK government’s Department for International Development. He holds degrees from Northwestern University, the University of Edinburgh, and the College of Europe.

Thomas Mathews

Senior Markets Economist

Thomas Mathews is a Senior Markets Economist focusing on bonds and equities as part of our Global Markets Service. Prior to joining Capital Economics in 2020 he worked at the Reserve Bank of Australia, in both financial markets and economics departments. Thomas holds a Master’s degree in economics from the London School of Economics, and undergraduate qualifications in economics, mathematics and philosophy.

Jonathan Petersen

Senior Markets Economist

Jonathan Petersen joined Capital Economics in October 2020 and is a Markets Economist in the Global Markets team. He joined from Vanguard’s economic research team, where he specialized in currencies and global trade. Before that, he was a strategy consultant in Deloitte Consulting’s mergers and acquisitions practice. He holds an undergraduate degree in Economics and Corporate Strategy from Boston College and a masters degree in Economics from the University of Edinburgh.

Hubert de Barochez

Senior Markets Economist

Hubert de Barochez is a Senior Economist in the Global Markets team. Prior to joining Capital Economics, he worked as economic policy analyst at MEDEF, the main business organisation in France, and as macroeconomist at BNP Paribas. Hubert holds master's degrees in economics, finance, and engineering.

Diana Iovanel

Markets Economist

Diana Iovanel is an Economist in the Global Markets team at Capital Economics. She joined the firm in August 2022 from bfinance, where she worked in investment manager selection across asset classes, with a focus on equity and fixed income. Before that, she worked at East Capital Asset Management in equity research and, prior to that, at Russell Investments in multi-manager portfolio construction and equity manager research. She holds an M.Sc. in Economics from Stockholm School of Economics and a B.A. in Economics from University College London.

James Reilly

Markets Economist

James is an Economist on our Markets desk, contributing primarily to the Asset Allocation and Capital Daily services. He joined Capital Economics in 2021, having previously worked within the multi-asset division of Schroders. James holds a degree in Economics from the University of Bath.