First oil, now food – Sound Economies with Mel & Peter, 14 May 2026

Oil prices may have already peaked in reaction to the US-Iran conflict, but food prices are slowly catching up. This episode also looks at the removal of 18 Indonesian stocks on MSCI indices, the Trump-Xi summit in Beijing, and surging UK gilt rates amid renewed political uncertainty.

Timestamps:

(00:00) – Webinar: ‘Where Can Indexes & Factors Fall Short?’

(00:34) – Episode rundown

(00:49) – Intro

(01:16) – Quick updates

(02:27) – Removal of 18 Indonesian stocks from the MSCI global indices

(07:18) – Trump meets Xi in Beijing

(14:17) – US-Iran conflict and the rise of global food prices

(21:01) – UK gilt rates reach new peaks

(25:16) – Our global outlook

“Sound Economies with Mel & Peter” is a weekly podcast where our founding CEO Peter Lundgreen and Manila-based Chief Economist for Southeast Asia and China Mel Lopez discuss what’s happening in economies around the world and their views of the global financial markets.

Tune in to this episode on Spotify, YouTube, and wherever you listen to podcasts.