Macro research – Our analysis of financial markets and the economy

Our macro research focuses on estimates, comments and forecasts regarding the economy, interest rates, currencies and developments on the global financial markets. Our analyses and forecasts are geared towards fundamental factors as well as short-term observations that are very close to the market. The Macro Research team has regularly received awards from various independent institutions for the accuracy of its forecasts.

Outlook and forecasts

Economic Adviser

Current issue

Economic Adviser May 2023 english // Topics: Special: ECB enters the home stretch of its rate-hike cycle // USA: Rougher times ahead for the economy // Euroland: Higher growth momentum from Q2 onwards // Germany: Recession averted, but momentum to remain subdued in 2023 // Switzerland: Sentiment stable - SNB rate hike in June // Japan: Inflation needs to be kept an eye on // China: Beijing reports return to solid growth // Britain: Central bank needs to stay on the ball // Portfolio strategies // Overview of forecasts

Economic Adviser May 2023 english (PDF, 1 MB)

Further issues

NORD/LB Economic Adviser April 2023 english (PDF, 1 MB)
NORD/LB Economic Adviser March 2023 (PDF, 3 MB)
NORD/LB Economic Adviser February 2023 // Topics: The global stock market and US monetary policy / USA: Fed no longer helping the US dollar / Euroland: Gradual inflation easing - ECB stays hawkish / Germany: Economy doing better than expected / Switzerlan (PDF, 2 MB)
NORD/LB Economic Adviser Outlook 2023: Global downturn and persistent inflation pose a dilemma for central banks // USA: US economy feels the impact of higher interest rates // Euroland: ECB resolute in fighting inflation // Germany: Mild recession - low (PDF, 2 MB)
NORD/LB Economic Adviser November 2022 (PDF, 2 MB)
Show all issues

Your Contact