Canada Rapid Response Canada Consumer Prices (Jan 2026) The further moderation in core inflation in January lends support to our view that it will decline to 2.0% by the middle of the year, which is a faster pace of disinflation than the Bank of Canada... 17th February 2026 · 2 mins read
UK Economics Rapid Response UK Labour Market (Dec./Jan. 2026) The lack of green shoots of recovery in the labour market and further fall in wage growth supports the idea that the Bank of England has at least a couple more interest rate cuts in its locker, with... 17th February 2026 · 3 mins read
Canada Rapid Response Canada Manufacturing Sales (Dec. 2025) The pick-up in manufacturing sales in December was largely due to a rebound in auto sales following a temporary disruption in the prior month. While the survey evidence is showing some tentative signs... 16th February 2026 · 2 mins read
US Economics Weekly Improving jobs market weakens case for more Fed cuts January's employment report was about as good as could have been hoped for, with a 172,000 rise in private payrolls comfortably beating expectations and the unemployment rate dropping further to 4.3%... 13th February 2026 · 10 mins read
Canada Economics Weekly Up-and-down week foreshadows CUSMA renegotiation A week of political drama, much of it emanating from south of the border, provides useful insight into how we can expect the CUSMA renegotiation to unfold. 13th February 2026 · 8 mins read
US Rapid Response US Consumer Prices (Jan 2026) The 0.28% m/m increase in core CPI in January was mainly due to a bigger 0.38% m/m gain in core services prices, with core goods prices unchanged, suggesting that tariffs and unseasonably large hikes... 13th February 2026 · 2 mins read
UK Economics Weekly What has the government ever done for us? The government has been supporting both economic and employment growth over the last year, while private sector activity has been weak and private sector employment has fallen. But this isn't the... 13th February 2026 · 10 mins read
Australia & New Zealand Economics Weekly Australia still facing elevated capacity pressures Data released this week reinforce the need for the RBA to tighten policy settings. Provisional figures suggest that private consumption growth accelerated in Q4 and is running above the pace... 13th February 2026 · 6 mins read
Japan Economics Weekly Stronger yen won’t be a big drag on inflation Despite widespread concerns that a resounding victory for the ruling coalition in Sunday’s Lower House elections would trigger a further sell-off in JGBs and the yen, the exchange rate in fact... 13th February 2026 · 6 mins read
Japan Chart Pack Japan Chart Pack (Feb. 26) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. The economy will continue to grow at a healthy pace, which should ensure that the labour market... 12th February 2026 · 1 min read
US Housing Market Rapid Response US Existing Home Sales (Jan 2026) The drop in existing home sales to a two-year low in January should prove temporary as the recent decline in borrowing costs feeds into greater homebuyer demand, notwithstanding some potential near... 12th February 2026 · 2 mins read
Canada Chart Pack Canada Chart Pack (Feb 2026) We expect GDP growth to be little more than 1% this year as household spending and investment remain subdued amid the immigration crackdown and start of CUSMA renegotiation. Despite soft employment... 12th February 2026 · 1 min read
UK Economics Rapid Response UK GDP (Dec./Q4 2025) The disappointing 0.1% q/q gain in GDP in Q4 (consensus, BoE and CE forecast 0.2%) suggests the economy still has very little momentum. This supports our forecast for GDP growth to slow from 1.3% in... 12th February 2026 · 3 mins read
UK Housing Market Update UK RICS Residential Market Survey (Jan. 2026) The green shoots of recovery indicated by January’s RICS housing market survey support other evidence that suggests the economy strengthened at the start of the year. And it lends some tentative... 12th February 2026 · 3 mins read
US Rapid Response US Employment Report (Jan. 2026) The 172,000 surge in private payrolls in January owed a lot to a 124,000 surge in health care & social assistance, but private sector hiring elsewhere still appears to be strengthening. Indeed, the... 11th February 2026 · 3 mins read
