Cryptocurrencies and especially Bitcoin are the talk of the town of late. According to CNBC, the price of a single bitcoin "has gone up at a faster pace than any other speculative vehicle in market history, as investor enthusiasm for the new medium has reached a fever pitch." The post Tulip Mania: When Tulips Cost As Much As Houses appeared first on FocusEconomics. read more

As of April 2024, the market forecast is for exports from Asia to grow 2.2% and 4.4% in 2024 and 2025, respectively, roughly double the amount projected in January. The post Exports from Asia are rising, but what about the market forecast? appeared first on FocusEconomics. read more

Our panelists see Denmark’s GDP growth being the highest in Scandinavia this year and next. The post Our Consensus Forecasts suggest Novo Nordisk will continue to drive Denmark’s GDP growth appeared first on FocusEconomics. read more

Over the next 10 years, Consensus Forecasts point to a widening U.S.–Europe divergence, a slowdown in China’s economy and for India’s rise to continue. The post Three key insights from our long-term Consensus Forecasts appeared first on FocusEconomics. read more

“These were the first glorious days of general speculation. Railroads were emerging from the hands of the greater into the fingers of the lesser capitalists. Two successful harvests had given a fearful stimulus to the national energy; and it appeared perfectly certain that all the populous towns would be united, and the rich agricultural districts intersected, by the magical bands of iron.” So wrote W.E. Aytoun in his satirical novel How we got up the Glenmutchkin Railway The post Railway Mania: The Largest Speculative Bubble You’ve Never Heard Of appeared first on FocusEconomics. read more

For the first time in history, in the coming years gold prices will remain comfortably above USD 2,000 per troy ounce. The post Fresh gold price forecasts following May’s record highs appeared first on FocusEconomics. read more

The next administration will be faced with a challenging in-tray. The European Commission recently opened an excessive deficit procedure against France. Moreover, overall economic growth is minimal, and barely positive in per-capita terms. The post More than two years into the war, how is Ukraine’s economy faring? appeared first on FocusEconomics. read more

Leer en Español From currency peg to currency band: Until 2005, China’s renminbi was pegged at CNY 8.3 per USD. From that moment on the government shifted to a managed float, allowing the currency to move within 2% of a daily rate set by China’s central bank, the PBOC. This change led the renminbi to The post How will China’s currency fare in the coming years?  appeared first on FocusEconomics. read more

Download our free PDF report, which elaborates further on the below analysis and complements it with graphs, quotes from leading economists, and other key forecasts for the region.  The regional economy has been weak as of late: Latin America’s economy grew an average of just 1.4% in the decade to 2024—the weakest performance among all The post A diamond in the rough: Will Latin America finally reach its potential?  appeared first on FocusEconomics. read more

Economics influencers such as academics, journalists, industry professionals and even central bankers frequently take to Twitter to share their daily thoughts on all things economics, finance, monetary policy and politics in concise yet informative 280-character Tweets. With the success of our Top Economics and Finance Bloggers lists and the fact that not all economics inflencers have blogs, we put together a list of top 79 economics influencers that you can follow on Twitter. Nominees came from our team of at FocusEconomics and we have ranked this list by number of followers. This list can be thought of as a living document: We will edit the list from time to time to keep it up-to-date and suggest more influencers for you to follow. Our latest update saw a number of new influencers added to the list, which you will see marked with an *. With that said, let's get to the list of 79 top economics influencers: The post Top Economics Influencers to Follow appeared first on FocusEconomics. read more