Global Insight Digest

US Economic Indicators

• NY Fed Services PMI: NY Fed Services Sector PMI ticked up slightly in March but remained in contraction.
• 🔥 PPI...

• Major resignation: Joe Kent quits as National Counterterrorism Center director, deeming Trump's Iran war unnecessary and blaming pressure to enter...

New documentary sparks debate on Trump's global moves:

• China trade war & Phase One deal reshaping supply chains
• NK summits & Russia sanctions...

Key insights from Raisina session on equitable development:

• Investments must prioritize human-centric, climate-centric, tech-centric progress,...

• Rate freeze at 2.25% widely expected as BOC navigates Iran war uncertainty and Canadian economy health concerns.
• Macklem labels conflict an...

NY Fed Services Sector PMI ticked up slightly in March but remained in contraction and hasn’t broken the downtrend over the past couple years—highlighting ongoing US services weakness amid broader economic pressures.

OECD warns sovereign bond issuance hit record levels in 2025 and will stay near historic highs in 2026, heightening global debt risks as rates persist high.

US producer prices rose more than twice as fast as expected in February, per BLS data released Wednesday, complicating the Fed outlook and likely delaying anticipated rate cuts.

UN warns up to 45 million more people could face severe hunger in 2026 if Iran war persists and oil prices stay high—a dire humanitarian spillover from Middle East conflict.

• U.S.-Israel strikes on Iran since Feb 28 directly hit and closed Qatar's world's largest helium plant
• Qatar natural gas disruptions from the war...

Mixed factory signals hit markets: NY Empire State Index fell to -0.2 in March from 7.1 prior and below estimates of 3.2/3.9.

• Stocks surge: Dow...

Key highlights from Roberts' Rice University conversation:

• Reflects on his experience as Chief Justice, the state of the American judicial branch,...

• Hearing underway in Senate Homeland Security Committee for Trump's pick, Sen. Markwayne Mullin (R-Okla.) to replace fired Kristi Noem after...

• Joe Kent, top U.S. counterterrorism official, steps down citing Iran war concerns.
• Marks first time a senior official publicly opposes the war.
  -...

House Republicans, led by Speaker Mike Johnson, accuse Democrats of endangering national security during a DHS shutdown.

• Citing attacks and...

Unusual rhetoric from Trump: Proposes taking over Cuba during its national grid collapse.

• Crisis scale: Millions without power; Havana plunged into...

Gold prices face continued pressure, taking cues from crude oil volatility, per Praveen Singh, Head Currencies.

US Economic Downturn

• 🔥 Q4 GDP Revised to 0.7%: Revised figures showed fourth-quarter GDP grew at just a 0.7% annualized rate, down from the...

• Petrol imports doubled in February due to high demand
• Diesel imports reached 457,000 tons, up from 395,000 tons a year earlier
• Enkorr highlights rising fuel reliance as demand surges

North Korea's new ICBM boasts global reach and multiple strikes, directly challenging U.S. deterrence capabilities—a stark escalation in missile threats with broad global security implications.