Asia Economics Focus Thailand: economic woes to continue after election Whichever party wins Thailand’s general election on 8th February will inherit a weak economy, tight fiscal constraints, and deep-seated structural and demographic challenges. The continued shift... 2nd February 2026 · 17 mins read
Japan Economics Focus BoJ policy rate will rise to 2.5% over coming decade We now believe that the BoJ’s policy rate will climb to 2.5% during the 2030s as inflation settles at higher levels, potential growth picks up and a shift in incentives alters the balance between... 2nd February 2026 · 13 mins read
Asia Economics Update Asia Manufacturing PMIs, Korea Trade (January) The January manufacturing PMI readings for Asian economies remain consistent with generally steady growth in manufacturing. However, the PMIs have recently been a poor guide to the hard activity data... 2nd February 2026 · 3 mins read
China Rapid Response China PMIs (Jan. 2026) The PMIs point to a broad-based loss of momentum at the start of 2026, with a particularly sharp deterioration in construction. 2nd February 2026 · 2 mins read
India Economics Update India’s Union Budget: function over fanfare In an unspectacular FY26/27 Union Budget summed up by the fall in equities since the announcement, the Finance Ministry has unveiled small boosts to spending in politically-sensitive areas and made up... 1st February 2026 · 3 mins read
China Chart Pack China Chart Pack (Jan 26) China’s growth slowed in December, with the economy expanding by just 3.1% in 2025. Export growth and fiscal support will continue to provide a significant (albeit smaller) prop to the economy over... 30th January 2026 · 0 mins read
Climate Economics Monthly US doubles down on climate disengagement The loss of US funding for a host of UN climate bodies could slow progress on the scientific study of global warming and further undermine the already far-from-optimal international cooperation on... 30th January 2026 · 3 mins read
Asia Chart Pack Asia Chart Pack (January 2026) Our Asia Chart Pack has been updated with the latest data and our analysis of recent developments. We expect most Asian economies to record solid growth in 2026. Robust demand for AI-related products... 30th January 2026 · 0 mins read
China Economics Weekly End of “three red lines“ won’t revive the property market This week, China’s government ended the “three red lines” regulatory requirements for property developers that sparked China’s property crisis. But this easing is mostly symbolic – it won’t change... 30th January 2026 · 5 mins read
Asia Economics Weekly How a weaker US dollar affects Asia The US dollar has weakened sharply this year, but the move remains too small so far to have a meaningful macro impact. Even if dollar weakness were to persist, the effects on Asia should be limited... 30th January 2026 · 6 mins read
India Economics Weekly Budget, RBI take centre stage after historic EU trade deal After the announcement this week of the long-awaited India-EU trade deal, attention will quickly shift back to domestic policy. The Union Budget on Sunday will reveal how the Finance Ministry will... 30th January 2026 · 4 mins read
China Rapid Response Hong Kong GDP (Q4 Preliminary) Hong Kong’s economy ended the year on a strong note, with GDP expanding by 3.8% y/y in Q4, up from a downwardly-revised 3.7% y/y in Q3. That brought growth for 2025 as a whole to 3.5% y/y, in-line... 30th January 2026 · 2 mins read
Japan Economics Weekly An LDP majority will not be fiscally profligate New polling suggests that the ruling Liberal Democratic Party is on track to secure an outright majority in the lower house following elections on February 8th. Although there have been concerns in... 30th January 2026 · 4 mins read
Japan Rapid Response Retail Sales & Industrial Production (Dec.) Although activity indicators for December were relatively soft, they won’t have prevented the economy from bouncing back across Q4 as a whole. Moreover, there are still reasons to be cautiously... 30th January 2026 · 2 mins read
Event Drop-In: EM Financial Risk Q1 update – How evolving vulnerabilities will shape market returns 11th February 2026, 3:00PM GMT As global financial conditions shift and growth paths diverge across emerging markets, investors face a more complex mix of currency, banking and sovereign debt risks.
