Pantheon Macroeconomics

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7th Jul 2025 17:42GlobalWeekly Monitor

  • US - Markets drew the wrong conclusions from June’s labor market data
  • EUROZONE - No changes to our forecasts yet, despite delay to US tariff-rate hikes
  • UK - Between a rock and a hard place sits fudging the fiscal rules
  • CHINA+ - Japan’s wages hit by plunging bonuses, as trade war bites
  • EM ASIA - Vietnamese growth to come off the boil in H2 if GDP data turn realistic
  • LATAM - Brazil’s manufacturing slumps, but mining shows resilience

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Keywords for: 9 July 2025 Global Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence