INT
Energy spending plans signpost more market volatility
Oil market investment trends suggest greater cartel control of the oil market as demand for the fuel peaks and declines
InternationalCommercial property unlikely to spark a global crisis
The commercial property market is under increasing strain but is unlikely to trigger a global financial crisis
InternationalEU's AI Act proposal foregrounds risks and rights
The draft of the EU's Artificial Intelligence (AI) Act has been approved by the European Parliament
EuropeEuro-area wage growth will ease very gradually in 2023
The ECB raised rates by 25 basis points (bp) and euro-area wage growth slowed modestly in January-March
EUUS Fed still in tightening mode to calm core inflation
The Fed left rates unchanged as expected but signalled that it is prepared to tighten policy more to curb core inflation
InternationalMay activity makes more China stimulus very likely
Economic activity disappointed in May and the central bank responded with further monetary stimulus
ChinaAbsent shocks, US Fed policy will aim for soft landing
Annual consumer price inflation is down to 4.0%, and the Federal Reserve has an interest rate meeting today
United StatesAir travel, and sustainability challenges, will rise
The fleet of commercial passenger aircraft will almost double by 2042 according to the World Fleet Forecast
International
