Good morning,
Plenty to digest on the news front this week, some financial impacts covered in the following two pieces.
RBC Capital Markets Global Commodity Strategy & MENA Research
Special Report: Israel-Hamas War
Middle East expert Helima Croft, who heads the RBC Capital Markets, LLC global commodity strategy team and regularly appears on CBNC, has provided her latest thoughts on the Israel-Hamas war.
The report discusses:
- recent developments in Israel and the region,
- the risks of a wider war in the Middle East, and
- what this could mean for the crude oil market.
Hopefully you’ll find this helpful, given Croft’s experience in the Middle East and with U.S. foreign policy/national security circles.
Next, our usual weekly digest of world and regional financial markets is summarized and linked below:
The opening acts of recession?
While pinpointing the actual start of a recession comes with the benefit of hindsight, there are unique trends that have historically coincided with the opening act of an economic contraction. We look at three indicators that can provide constructive context for investors and offer our thoughts on what these are saying about a potential recession.
Regional developments:
- Canadian inflation unexpectedly decelerated in September;
- Do U.S. interest rates have farther to rise in 2023?
- Poland turns toward the centre;
- China Q3 GDP report is better than feared.
Full story here: Global Insight Weekly.
The newsfeed is busy, and its human toll in not to be dismissed. Hopefully these reports will add a little insight overall and help digest it, or at least a few summary points in a financial context.
Enjoy your weekend,
Mark