Capital Daily Tech-led stock market surge looks increasingly fragile Another sharp reversal in US equities after a new all-time high and dotcom bubble parallels at every turn make the fragility of this rally clear. We think AI sentiment can lift the market further this... 15th May 2026 · 4 mins read
Latin America Economics Weekly Brazil inflation, COP drop, Venezuela’s restructuring The latest macro data keep the door open to monetary easing in Brazil, but a rise in energy prices or an escalation of the scandal involving presidential candidate Flávio Bolsonaro that weighs more... 15th May 2026 · 5 mins read
UK Economics Weekly Political uncertainty may stifle economy for rest of the year The way things are going at the moment, it is possible that we won't know whether or not Starmer will be removed as Prime Minister and, if he is, who will replace him until mid-August. And if there is... 15th May 2026 · 10 mins read
India Economics Weekly One battle after another for INR, pump prices hiked Policymakers’ concerns about the depreciation of the rupee have again come to the fore this week, but the hike in gold import tariffs has done little to prevent the currency from sliding further... 15th May 2026 · 4 mins read
Emerging Europe Economics Weekly Hungary’s fiscal path, CBRT inflation, shekel strength Announcements from Hungary’s new government, which took office last weekend, suggest that we’re unlikely to see the full details of its plans to reduce the budget deficit until Q3. Until then, the... 15th May 2026 · 6 mins read
Japan Economics Weekly Hawkish BoJ lifts 10-year yield to three-decade high The 10-year JGB yield climbed to a three decade high this week in response to hawkish signals from the Bank of Japan and reports that the government will compile a supplementary budget to keep the... 15th May 2026 · 7 mins read
Emerging Europe Economics Update The case for further shekel strength The Israeli shekel has been one of the world’s best-performing currencies this year, hitting a 33-year high against the dollar. Further gains are possible provided geopolitical risks remain contained... 14th May 2026 · 4 mins read
Capital Daily Markets aren’t braced for an ‘extreme’ scenario in the Iran war The Iran war poses two key threats to the global economy – higher inflation and weaker growth. Up until now, the markets have responded to the first but seemingly ignored – or at least ‘looked through... 14th May 2026 · 4 mins read
Capital Daily Looking beneath the AI rally A look under the hood of the US stock market suggests that the ongoing rally has been accompanied by some unusual dynamics. That doesn’t mean the rally is unsustainable, but it suggests some near-term... 13th May 2026 · 4 mins read
Europe Chart Pack Europe Chart Pack (May. 2026) Prospects for the euro-zone economy are very sensitive to the severity and duration of the increase in energy prices. Our baseline forecasts are based on an assumption that the price of Brent crude... 13th May 2026 · 1 min read
Event Markets Drop-In: AI-driven paradigm shift or dotcom bubble redux? What’s next for equities 21st May 2026, 3:00PM BST Equity markets remain gripped by the AI rally, with related stocks powering gains across global indices.
Capital Daily Gilt mess still more about global problems than Starmer The surge in long-term Gilt yields over recent weeks owes as much to the rise in energy prices as it does to the UK’s latest political melodrama. On both fronts, it looks increasingly as though things... 12th May 2026 · 5 mins read
Capital Daily Strait still closed; Trump goes to China; Starmer clings on Neither US-Iran negotiations nor the Trump-Xi summit appear to offer much cause for cheer, and UK politics are inching towards another precipice, but equity markets appear determined to party on. 11th May 2026 · 5 mins read
Capital Daily Why the labour market won’t stop the stock market juggernaut Today’s US Employment Report painted a picture of a labour market that is neither tight enough nor loose enough to derail the stock market. 8th May 2026 · 4 mins read
UK Economics Update What would a new PM mean for the UK economy and markets? With Starmer’s premiership looking on the precipice, we are resending this analysis we published on Friday 8th May that highlights the main policies of his potential replacements and what they might... 8th May 2026 · 10 mins read
Capital Daily Greenback will regain its footing even if peace deal materialises At face value, the dollar’s weakness over recent days is unsurprising given growing hopes of a US-Iran peace deal and the consequent drop in energy prices. But we think that the renewed outperformance... 7th May 2026 · 4 mins read
