Macro

Find the latest macro analysis and insights

BOJ’s hawkish hold: target reached, more rate hikes to come
  • 02 Nov 2026

The BOJ kept rates unchanged but signalled further tightening as inflation risks persist and underlying inflation remains near target. With the Fed similarly focused on inflation, monetary policy i...

Take Two: Central banks on hold
  • 02 Nov 2026

What do you need to know? The Federal Reserve decided to keep interest rates on hold at 3.75%-4% by a vote of 10-2, with two of the 12-member committee favouring a 25-basis-point rise. The Fed stat...

Market Barometer: November 2026
  • 02 Nov 2026

The end of the beginning or the beginning of the end? Find out in CCLA’s November Market Barometer – a monthly macro outlook from our investment team.

Week of November 2, 2026
  • 02 Nov 2026

Explore this week’s Macro Charts covering labor market developments in the U.S., interest rate decisions in Australia, central bank balance sheet adjustments in Japan, and trade data from Canada an...

CIO Weekly: Seeing the Rate Hikes Through the Holds
  • 02 Nov 2026

Last week’s rate holds at several major central banks shouldn’t be read as pauses yet. Hikes are coming.

Defiant consumers?
  • 02 Nov 2026

Friday's market moves are attention grabbing, but economically more muted. The crypto gyrations are speculation, with little real world relevance (beyond the alleged boost to North Korea's GDP). Th...

“Would you rather…?”
  • 02 Nov 2026

Microsoft issued $25bln of bonds in the US market this week across several maturities. The longest, a 40-year bond, caught my eye: priced at a spread of 106bps over US Treasuries, it offered a yiel...

Should Markets Fear U.S. Midterm Election Results?
  • 02 Nov 2026

Ron Insana joins Allspring’s 2027 Outlook to reflect on how 2026 midterm elections could shape the policy, regulatory, and market environment in the coming year.

Can the next Congress really address Americans’ kitchen-table concerns?
  • 02 Nov 2026

U.S. stocks were mostly lower last week as AI-related stocks came under renewed pressure, while small-caps and the equal-weight S&P 500 moved higher. The S&P 500 Index posted its second straight mo...