Indonesia’s economy grew in line with expectations in the third quarter, slowing slightly as social unrest and global trade uncertainty took a toll on domestic consumption and investment https://t.co/lTKiPLuCTz ...

Trade Relations & Tariffs - The EU raised tariffs on steel imports, aiming to protect its market from global overcapacity, primarily stemming from China [1][2] - The EU emphasizes that the steel import restrictions are a horizontal measure, not specifically targeting any single country, but impacting all importers [2] - The US shares similar concerns with the EU regarding global steel overcapacity and protecting local markets, leading to engagement between the two [3] - EU-US trade relations are the largest in the world, with both being each other's largest trading partner, indicating significant economic stakes [4] Economic Growth & Uncertainty - Global trade uncertainty and tensions negatively affect growth, as the EU's economic model relies on open international trade [6] - The EU is committed to defending a functioning multilateral rules-based trading system and diversifying trade engagement through new trade agreements [6][7] - The EU has concluded trade agreements with Merkasur, Mexico, Switzerland, and Indonesia, and is negotiating with India, Thailand, and the United Arab Emirates [7] Investment Opportunities in Europe - The EU offers investors a single market of 450 million consumers and 26 million companies, characterized by predictability, rule of law, and strong institutions [9] - There is elevated investor interest in Euro-dominated assets due to the stability and predictability they offer in turbulent times [9] - Strengthening the competitiveness of the European economy and enhancing productivity growth is a priority for the current political cycle [9]

Investment Strategy - Citigroup's family office clients are increasing risky investments in private markets [1] - The goal is to enhance returns [1] Market Environment - Heightened global trade uncertainty exists [1]

Core Insights - The global Net Employment Outlook (NEO) for Q3 2025 stands at +24%, indicating stable hiring intentions despite trade uncertainties [2][4][8] - Companies investing in technology, AI, and automation show the most optimistic hiring plans, highlighting a connection between innovation and workforce confidence [1][4][8] Global Hiring Trends - 40% of employers plan to increase hiring, 42% will maintain current staff levels, 16% anticipate cuts, and 2% are uncertain about their hiring plans [1][8] - Asia Pacific leads with a hiring outlook of 29%, followed by the Americas at 27%, and Europe and the Middle East at 19% [6][8][10] Impact of Trade Uncertainty - 89% of companies report that trade uncertainty has influenced their hiring decisions, with many still planning for steady hiring in Q3 [3][8] - The trade situation has caused some companies to pause or slow their hiring plans, but overall hiring outlooks have stabilized [4][8] Sector-Specific Insights - The Information Technology sector has the strongest hiring outlook at 36%, followed by Financials & Real Estate at 28%, and Industrials & Materials at 26% [8] - Companies heavily investing in technology report more optimistic hiring plans compared to those not planning such investments [8] Regional Highlights - The United Arab Emirates tops global hiring intentions at 48%, followed by India at 42% and Costa Rica at 41% [9][17] - Argentina has the weakest global outlook at 3%, while countries like Israel and Sweden show significant year-over-year improvements [9][17]