Event Drop-In: The precious metals sell-off and market risks 2nd February 2026, 1:00PM GMT The week has opened with signs that the sharp fall in precious metals prices is spilling over into broader financial markets. What has triggered this sell-off, and how might it evolve from here...
Capital Daily Warsh for the Fed, war worries recede, greenback wobbles After an unusually hectic few days for financial markets, even by recent standards, here are three key things to watch in the coming week. 2nd February 2026 · 6 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
Capital Daily How the nomination of Warsh is being received in the markets The reaction in the markets to Donald Trump’s nomination of Kevin Warsh to be the next Fed Chair is broadly consistent with our view that the president has made a relatively safe choice. 30th January 2026 · 4 mins read
Latin America Economics Weekly Currency boost, rate meetings, Costa Rica votes Latin American economies stand out as potential beneficiaries of the fall in the dollar this week. A the margin, it will help to bring down inflation and may make central banks more confident about... 30th January 2026 · 6 mins read
UK Economics Weekly Stronger pound helpful for BoE, but rising oil price is a risk While the pound's recent appreciation against the US dollar doesn't materially change the outlook for UK CPI inflation, the Bank of England will welcome a bit more disinflationary pressure. But one... 30th January 2026 · 4 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
Emerging Markets Financial Risk Monitor EM Financial Risk Monitor (Jan. 2026) Our proprietary EM financial risk indicators show that vulnerabilities are becoming increasingly isolated, with the number of countries at “high risk” of a crisis now at multi-year lows. Sovereign... 29th January 2026 · 1 min read
Global Markets Update Rally in South African assets to run out of steam After a record-breaking year, we think the rally in South African assets will lose momentum, given that there is little scope for risk premia to compress much further and we expect precious metals... 29th January 2026 · 5 mins read
Middle East & North Africa Economics Weekly The dollar and MENA, US-Iran tensions, Saudi project delays This year's dollar rout has taken Gulf currencies down too, but the impact on inflation is likely to be small - and inflation is very low in any case. Elsewhere, Egypt stands to be a beneficiary from... 29th January 2026 · 7 mins read
Event UK Economy Roundtable – Political risk and the UK economic and market outlook 24th February 2026, 9:00AM GMT Questions about the future of the Keir Starmer government are swirling and, with key local elections looming, they are unlikely to fade anytime soon.
Capital Daily Monetary policy still matters for the greenback We continue to think that a cautious Fed will mean Treasury yields rise a little and the US dollar strengthens, despite recent developments in the latter. 29th January 2026 · 5 mins read
Asia Economics Update MAS to stay on hold despite hawkish tilt Singapore’s central bank kept monetary policy settings unchanged today but adopted a slightly more hawkish tone. While risks to the policy outlook are now skewed modestly towards tighter policy later... 29th January 2026 · 3 mins read
Japan Economics Update Using GPIF to stabilise JGB market not a panacea Shifting the asset allocation of Japan’s largest pension fund back towards domestic bonds could help stabilise the JGB market should yields start to surge again. However, it would come at a sizeable... 28th January 2026 · 3 mins read
Capital Daily We doubt US equity underperformance will last US equities had been struggling to make headway against those elsewhere in recent months and have now begun underperforming significantly, even as US indices climb to fresh highs. While this has... 28th January 2026 · 3 mins read
Europe Economics Update SNB on the FX sidelines, but negative rates coming We do not think that the SNB has intervened in FX markets in recent days despite the Swiss franc’s large appreciation. Instead, we think policymakers are likely to combat any disinflationary pressure... 28th January 2026 · 3 mins read
