FX Markets Weekly Wrap FX Weekly: A decisive moment for the dollar? The US dollar has generally lost further ground this week and the DXY index currently sits at around its lowest level since February 2022. This index has now fallen by more at this stage in the year... 27th June 2025 · 5 mins read
China Chart Pack China Chart Pack (June 25) China’s economy slowed in May, with US tariff starting to take a toll on exports. And while consumer spending has picked up recently, that’s largely been driven by temporary subsidies from the... 27th June 2025 · 0 mins read
Europe Economics Weekly Europe Weekly: Stronger euro, 50% tariff looming The sustained appreciation of the euro will reduce headline euro-zone inflation slightly in the coming months and, at the margin, strengthens the case for a final interest rate cut in this cycle... 27th June 2025 · 7 mins read
Asset Allocation Outlook Asset Allocation Outlook: The calm after the storm With the noise around US tariffs and war in the Middle East fading, at least for now, we think the stage is set for some further decent returns from “risky” assets – especially US equities – over the... 26th June 2025 · 27 mins read
India Chart Pack India Chart Pack (June 2025) Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India’s economy has had a strong first half of the year and is poised to grow by 7% in both 2025 and... 26th June 2025 · 1 min read
Africa Chart Pack Africa Chart Pack (Jun. 2025) The threat posed by US trade protectionism to the region, for now, appears muted. An improvement in the terms of trade for most countries should mean less downward pressure on currencies and... 25th June 2025 · 0 mins read
Capital Daily Mideast truce reduces one risk; FOMC schism next? The overnight announcement of a ceasefire between Israel/US and Iran has brought commodity and financial markets largely back to their pre-conflict square one. While tensions remain high and could... 24th June 2025 · 5 mins read
Africa Economic Outlook Africa Economic Outlook: Growth to strengthen even as fiscal concerns linger The threat posed by US trade protectionism to the region, for now, appears muted. An improvement in the terms of trade for most countries should mean less downward pressure on currencies and... 23rd June 2025 · 19 mins read
Capital Daily Can global markets continue to shrug off the war? US involvement in the Israel/Iran conflict has so far prompted just some volatility in global financial markets, with most major asset classes ultimately not far away from where they were on Friday... 23rd June 2025 · 4 mins read
FX Markets Weekly Wrap Fed more likely to boost the dollar than Mideast conflict The dollar has made some further gains this week, on net, but remains not far off its weakest level in three years. It has mainly benefitted on the back of a somewhat hawkish FOMC announcement, which... 20th June 2025 · 5 mins read
Capital Daily Making sense of Israel-Iran escalation and markets Fears that the US may get involved in the ongoing Israel-Iran conflict have led to another pick-up in oil prices and renewed jitters across financial markets. The impact so far remains limited, but as... 18th June 2025 · 5 mins read
Capital Daily What to make of (the lack of) market reaction to Israel-Iran Despite the further escalation in the Israel-Iran conflict over the weekend, the impact on major financial markets has remained relatively limited. Unless there is actual (not just feared) disruption... 16th June 2025 · 4 mins read
FX Markets Weekly Wrap FX Weekly: Middle East escalation offers a lifeline for the dollar The dollar has recovered some of the ground it lost earlier in the week in the wake of Israel’s overnight strikes on Iran. While that still leaves the greenback near its lowest level in more than... 13th June 2025 · 6 mins read
Capital Daily The Israel-Iran escalation and global markets At the time of writing, global markets were in a “risk-off” mood after Israel’s strikes on Iran. We think there are three key initial points to make. 13th June 2025 · 5 mins read
Capital Daily The US dollar still can’t catch a break President Trump’s latest tariff threats, combined with some softer US price and employment data, has sent the US dollar to its lowest level, in aggregate, in more than three years. There are still... 12th June 2025 · 4 mins read
India Economic Outlook India Outlook: Economic outperformance in the face of tariff threat India’s economy has had a strong first half of the year and is poised to grow by 7% in both 2025 and 2026, making it a global outperformer. The recent sharp drop in inflation has enabled the Reserve... 9th June 2025 · 17 mins read
