Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

What to watch I October 09, 2025

Quarterly country and sector risk update, term premia and investment promises as trade war currency

Big beautiful data centers: How AI and infrastructure are giving a second wind to an ailing construction sector

Generative AI has become a structural driver of construction. The global AI boom is fueling a frenzy for data centers. In the US, 6.4 GW of data center capacity was under construction at end-2024, double the level of 2023. 

Economic Outlook 2025-27: 10 Top-of-Mind Questions, Answered

Who truly bears the cost of the ongoing trade war? Primarily exporters for now, but US consumers will also be hit through higher inflation (up by 0.6pp by mid-2026).