Sound Economies with Mel & Peter: 19 June 2025

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The oil price spike over the past week was a knee-jerk reaction of the market to the escalation of attacks between Iran and Israel, but we think that most of it is speculative. We explain why we think the rising tensions will not be inflationary given an oil production surplus. We also talk about the Chinese stock market’s lone decline, and adjustments to broaden Malaysia’s tax base.

“Sound Economies with Mel & Peter” is a weekly podcast show where our founding CEO Peter Lundgreen and Manila-based Chief Economist 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. 

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