House prices in big cities cannot be expected to come down any time soon
House prices have increased sharply in many advanced economies, often leading to populist revolt and social crises. This column argues that agglomeration externalities foster urbanisation
Macro-financial disconnect in the euro area: Assessing tail risks to euro area growth and equities
The euro area is experiencing a combination of low growth and persistently high policy uncertainty, but financial conditions are remarkably supportive and valuations now look
Europe has a solid basis for battery and electric vehicle manufacturing growth
Europe is successfully building up battery and EV manufacturing capacity, though mainly thanks to foreign investment. Batteries and electric vehicles (EVs) contribute to Europe’s energy
Gold edges down as investors turn cautious ahead of year-end US data
US Nov non-farm payrolls, unemployment rate data. Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which
European stocks fall as traders wait for US jobs data, dollar steady
Oil drops below $60 a barrel for first time in months. European stocks fell in early trading on Tuesday, struggling to make gains as traders
US dollar close to multi-week lows versus euro and yen before US data
Euro supported by ECB’s stance and strong economic data. Euro supported by ECB’s The U.S. dollar hovered around multi-week lows against the euro and yen
Digital economy set to hit $28trln next year: report
Together, these DCO digital economy tools enable governments, industry leaders, civil society, and international partners to focus on their digital strategies. The global digital economy
Yen gains ahead of BOJ decision in packed week for investors
A separate closely watched survey showed that big Japanese manufacturers’ business sentiment hit a four-year high in the three months to December. The yen strengthened
The European Union should embrace decentralized finance and make it safe
A hybrid system with a digital euro and regulated private money would safeguard the EU from dollar-denominated stable coin dominance. Introduction Money and payments are
Emerging market resilience to risk-off shocks: Good luck, but mostly good policies
Emerging markets used to be hit hard whenever global investors turned nervous. This column analyses how emerging markets have managed output and inflation during global
