International
US corporate debt distress will rise
A total of 236 US firms filed for bankruptcy in January-April 2023 and filings will rise in the rest of the year
United StatesEuropean and US labour productivity has weak momentum
The long-term downward trend in euro-area and US productivity gains is worrying for future GDP growth prospects
InternationalRenewed rate rises raise risk of more financial shocks
More rate rises are likely next week from the US Federal Reserve and the ECB
InternationalHigher rates will have a mixed impact on gold markets
Having reached an all-time high in May, the gold price faces mixed prospects while higher interest rates remain in place
InternationalPolitics will drive growth in trade de-dollarisation
De-dollarisation of trade is growing but the US dollar remains dominant, especially for savings and pricing
InternationalWeaker finance context would test all emerging markets
Macroeconomic stability, policy credibility and dollar weakness are improving prospects for most emerging markets (EMs)
InternationalProfit-making will wane as US and EU inflation driver
Higher profit margins are contributing to EU and US inflation in similar and different ways
InternationalCyber trends underline need for mature MFA
Multifactor authentication (MFA) for accessing digital devices is becoming an integral security expectation
International
