July 8, 2026
United States:
IMF Sees AI Surge Offset War Oil Shock and Keeps Growth Outlook
The International Monetary Fund left its global growth forecast largely unchanged for this year, saying that the boom in artificial intelligence helped offset the fallout from the conflict in the Middle East.
“Global economic activity and the outlook are being shaped by two major forces, pushing in opposite directions with asymmetric effects across countries,” the Washington-based lender said in an update to its World Economic Outlook report.
Europe:
European Bonds Slide as Oil Spike Reignites Inflation Fears
European bonds slumped, sending French borrowing costs to their highest since 2009, as oil prices and inflation expectations rose after President Donald Trump declared an end to the ceasefire with Iran.
Yields on German benchmark 10-year bonds rose eight basis points to 3.07%, their highest in nearly a month and climbing for an eighth straight day in the longest streak since January.
Asia:
Japan’s Bank Lending Rises Fastest Since Covid, Backing BOJ Path
Japan’s bank lending expanded at the fastest pace since the Covid pandemic, suggesting credit is still accessible and the Bank of Japan has room to keep raising interest rates.
Loans rose 6.3% in June from a year earlier, the strongest growth since August 2020, according to a BOJ report released Wednesday. The increase was driven by lending for mergers and acquisitions, real estate and economic recovery, the central bank said.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
