Between 26 and 31 October, three deals totaling $81.4 billion in value made the headlines.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Nov 4 2025
SPOTLIGHT: CHINA’S AUTO INDUSTRY PUTS THE PEDAL TO THE METAL
China will gradually take over Europe’s auto industry, rehabilitating factories and saving jobs that the continent’s own makers cannot, Carlos Tavares says in a new memoir.
SPOTLIGHT: CHINA’S SEARCH FOR ECONOMIC GROWTH
In its meeting in late October, China’s ruling committee redoubled its call for extraordinary measures to advance the country’s self-sufficiency in advanced technologies, particularly in advanced computing and artificial intelligence.
SPOTLIGHT: GRADING THE TRUMP-XI SUMMIT
Donald Trump praised his trade agreement with China, reached last week, but U.S. analysts and businesses say crucial issues have yet to be settled, The Wall Street Journal reported.
ECB PLANS TEST OF DIGITAL EURO FOR 2027
The European Central Bank (ECB) is planning a pilot test of a digital euro in 2027 if the European Commission will give timely approval for the experiment, the bank has announced.
COPPER PRICE SETS NEW RECORD ON SUPPLY FEARS
On 29 October, copper’s price rose 1 percent to set a new record at $11,137 per metric ton after several major producers said production of the metal will decline next year.
BANK OF CANADA CUTS RATE
Last week, Canada’s central bank cut its key rate for the fourth time this year, dropping it to 2.25 percent and announcing that it will defer any future rate cuts indefinitely.
ECB FREEZES INTEREST RATE AT 2 PERCENT
The European Central Bank (ECB) has decided to hold its policy interest rate at 2 percent where it has rested since June. The bank has taken two percentage points off the rate since June 2024.
OPEC+ BOOSTS DECEMBER OUTPUT, THEN WILL PAUSE
At its 2 November meeting, OPEC+ agreed to increase oil output in December by 137,000 barrels a day. It also decided to pause production increases at least through March 2026 amid warnings of a looming global oil glut.
GERMANY’S ECONOMIC DECLINE IS ‘DRAMATIC,’ THINKTANK SAYS
Germany’s economic productivity has flatlined since 2018 and the country’s economic decline is becoming “dramatic,” according to a report by the Ifo Institute, a German research organization widely regarded throughout Europe.









