Oxford Economics

Five key commodity trends to watch for in 2025 Looking into the next 12 months, we see a more nuanced outlook for commodities market. 1️⃣ OPEC+ dilemma will see supply increase next year 2️⃣ Natural gas will have a boom year driven by demand 3️⃣ Steel overcapacity will get worse 4️⃣ Gold will continue to shine 5️⃣ Grain prices will bottom out Read our latest blog: https://okt.to/ezf4PW

With only 5 days to go before the US Election, learn how the results could affect the global economy in 2024, and beyond. Discover the latest in-depth research and insights here: https://lnkd.in/euhY3e5i #USElections2024 #Trump #Harris

Gold prices have disconnected again from Treasury yields as safe-haven demand and US election uncertainty prompt investors to increasingly turn toward the bullion, supporting prices and pushing gold to new all-time highs. Read our outlook here: https://okt.to/VJE047

The next 12 to 18 months will offer the best entry point for direct real estate investment. We expect 2025 will offer more 'excess return' opportunities than any other year within the forecast period of 2025 to 2029. The most appealing sector continues to be industrial, while Europe stands out as the region with the most promising excess return prospects. Download our latest report: https://okt.to/8QcMsJ

Oil Prices Stable, But for How Long? Find out more: https://okt.to/PzvBST Following Israel’s strike on Iran, Brent crude briefly dropped $4pb as markets anticipated limited escalation. We expect prices to hold around current levels, averaging $71 per barrel in 2025, with demand risks in Asia likely pressing prices down. Meanwhile, the UAE drew $16bn in greenfield FDI in 2023, led by financial services, real estate, and manufacturing, affirming its position as a top investment hub in line with its non-oil growth goals. MENA in a minute with Scott Livermore #MIAM #OilPrice #Israel #Iran #UAE

Wishing our colleagues, clients, partners and friends a Happy Diwali! 🪔 The annual festival of lights ✨ is a time to spend quality time with loved ones, embrace peace and welcome new beginnings. #HappyDiwali #FestivalOfLights

📊 UK Budget Analysis 2024: Notable Increases in Spending and Taxation The UK Budget unveiled today aligned with expectations in broad terms, yet the scale of increases in current spending, capital investment, and taxation was greater than anticipated. Fiscal policy will tighten over the next five years, but less so than previous government plans suggested. Explore the full analysis in our latest research briefing. Learn more: https://okt.to/dJiqjB #UKBudget #Fiscalpolicy #UK

Which megatrends are driving the office sector? Our Commercial Real Estate Megatrend Resilience Index ranks the resilience of CRE markets across regions and sectors in relation to four critical megatrends: demographics, technology, geopolitics and climate. The top five markets in the office sector are supported by technology, as this sector is more exposed to advances in generative AI. Office-based roles typically have a higher theoretical capacity for AI to streamline and automate tasks. For the full index and rankings, check out here: https://okt.to/VWJvnx #Megatrends #CRE #realestateresilience

European industry will bottom out and recover, but when? European industry is still in the midst of an almost two-year recession, but we believe that the end is increasingly in sight. Our proprietary business cycle indicator is picking up signs that the pace of decline is moderating which, combined with our forecasts for industrial production, suggests a business cycle trough is approaching. Our latest estimate shows output bottoming out towards the end of this year or beginning of next, setting the stage for an industrial expansion across 2025. Download our latest report: https://okt.to/VZLwzs

Last week, our Director of Economic Consulting for Asia, James Lambert, was invited by Asia Pacific International Spirits & Wines Alliance (APISWA) to deliver a presentation and participate a roundtable discussion on "Capturing High-Quality Tourism for Southeast Asia". The event, hosted by APISWA in Singapore, featured Scotland’s Minister for Business, Richard Lochhead, and brought together a diverse group of industry experts to explore the impact of premium food and beverage experiences on attracting high-quality tourism. The discussions focused on the key factors that drive tourism decisions and how Southeast Asia can leverage premium products and services to boost visitor spending across the region. #OxfordEconomics #EconomicImpact #Tourism Liam Cordingley | Federico Chirico