◆ Daily Global-Macro Brief LIVE
TODAY IN 30 SECONDS
  1. AI's Impact on Economy and Financial System
  2. US energy trade hits record with 31 quads exported in 2025
  3. TCFD recommendations spur increased climate disclosure initiatives

Macro/Economy 1

  • Inflation rises to 3.8% due to temporary shocks, with core PCE inflation at 3.3% since April
  • AI-related investment may lead to further price increases and wage growth
  • Labor market appears stable, but downside risks are elevated due to uncertainty and potential AI-related job loss

Energy/Oil 1

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  • Total US energy exports rose 2% to a record 31 quads in 2025.
  • Net energy trade turned positive at 11 quads, a 20% increase over the 2024 record.
  • Petroleum accounted for 63% of exports and 83% of imports, with imports down 6% to 17 quads.
  • Natural gas exports reached a record 9 quads, representing 29% of total energy exports.
  • US natural gas imports made up 16% of total imports, supported by Canadian supply.

Other 1

  • Companies adopt TCFD framework to standardise climate‑related financial reporting
  • Enhanced disclosures aim to improve investor transparency on climate risks
  • Adoption expected to grow as regulators and stakeholders pressure for consistent ESG data