Global Macro Research

The Monthly Macro Outlook Video - October 2025

From ‘low hire, low fire’ in the US to political shake-ups in Europe, Paul Diggle unpacks the latest trends shaping the global economy.

Author

Paul Diggle

Chief Economist

Duration: 5 Mins

Date: 16 Oct 2025

Economic momentum is shifting. Chief Economist Paul Diggle explores how labour market slowdowns, central bank decisions and political changes are rewriting the investment playbook.

Key highlights:

US jobs stall – why hiring has slowed and what it could mean for growth

AI’s quiet boost – is technology helping the economy defy weak job numbers?

Rate cuts ahead – what the Federal Reserve’s next moves may mean for markets and borrowers

Japan’s new direction – can the country’s first female prime minister revive ‘Abenomics’?

France on the edge – political gridlock and budget pressures push French bonds into risky territory

UK tax shake-up – major changes may be coming for taxpayers and investors.

Watch the video for more details.

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