Economic Insights

Sep 30, 2022

Eurozone public debt: The interest rates reality check

Rising interest rates are a reality check for Eurozone public debt. But our interactive debt tool shows that France, Italy and Spain will struggle to bring down debt levels.

Sep 29, 2022

Reverse currency war puts emerging markets at risk

The combination of tighter global financial conditions and persistently weak risk sentiment favors a substantially stronger US dollar and thus puts increasing pressure on many emerging markets with unsustainable external imbalances.

US housing market: The first collateral victim of the Fed

Sep 22, 2022

US housing market: The first victim of the Fed

Real property prices are set to decline by -15% in the next 12 months, pushing the US economy into a recession.

The container shipping industry is benefiting from record-high freight rates

Sep 20, 2022

Shipping: liners swimming in money but supply chains sinking

After almost doubling its revenues in 2021, the global container shipping sector is heading for another record year as freight rates show no sign of slowing down.

Economic outlook energy crisis, policy mistakes and uncertainty

Sep 15, 2022

Lights out! Energy crisis, policy mistakes and uncertainty

As Russian gas supply is coming to a halt, the fight against inflation is raging and political uncertainties coalesce, our previous adverse scenario has become reality.

The cost of semiconductor shortages on the European automotive sector

Sep 13, 2022

Missing chips cost EUR100bn to the European auto sector

The automotive industry has been the number one casualty of the global semiconductor crunch, which led to a shortfall of about 18mn vehicles around the world.