The Global Markets Monitor is a daily IMF report covering major global financial and economic developments.
The report is issued around 9 AM US Eastern Time, Monday to Friday.
Click here to subscribe.
- Dollar remains strong despite government shutdown
- Chinese exports are weaker than expected as US tariffs bite
- Survey finds that AI adoption among US companies is likely to be rapid
- Current US tech rally is very different in nature from dotcom era
- Brazil taps dollar bond market for the fourth time this year
- Mexico cuts by 25 bps for the eleventh straight time
- Special Feature: Emerging and Frontier Market Issuance Monitor
Markets confront a sea of red
Markets around the world are in the red today after yesterday’s US selloff. US equity index futures are lower, suggesting that the decline could continue. AI-related stocks are bearing the brunt of the decline in the US and Asia as doubts grow about whether AI-related infrastructure spending will generate enough profits to justify the expense. Meanwhile, the longest government shutdown in US history has reached its thirty eighth day. This morning, the second consecutive US jobs report will be missed as the Bureau of Labor Statistics remains closed. The lack of official US economic data is beginning to weigh on sentiment as market participants come to realize that they are flying blind when it comes to the world’s largest economy. In other news, China saw an unexpectedly large decline in exports due to US tariffs. Brazil tapped the dollar bond market for the fourth time this year, while Mexico delivered its eleventh consecutive rate cut.
