Latin America Economics Focus Why Banxico’s next move will be a hike The recent patch of soft inflation in Mexico is unlikely to be sustained and the headline rate will follow a higher path than the central bank (Banxico) anticipates. With Banxico likely to revise up... 8th September 2026 · 15 mins read
Asia Economics Update The Korean won’s rebound has further to run The Korean won has rallied recently as some of the factors that had previously weighed on the currency, such as foreigners’ selling of Korean equities, have started to unwind and major Korean firms... 8th September 2026 · 3 mins read
Capital Daily Payrolls resurgence strengthens the case for a dollar rebound The sharp rebound in US non-farm payrolls in August means that FOMC rate hikes may come sooner rather than later. In turn, that points to a rebound in the US dollar and further upwards pressure on US... 4th September 2026 · 4 mins read
Capital Daily What to make of the yen’s latest rebound The yen’s sharp rebound over the past couple of days may not last any longer than similar rallies in recent years. But a more proactive approach, which the Bank of Japan may now (finally) be adopting... 3rd September 2026 · 4 mins read
Capital Daily The global bond rout and the dollar Despite falling back a bit today, the dollar generally seems to have benefitted from the recent rout in bonds. Its fortunes could change eventually, though, after the bubble in AI bursts. 2nd September 2026 · 5 mins read
Middle East & North Africa Economics Update Tunisia: risk of currency, sovereign debt crises growing Tunisia’s fragile external position has deteriorated further since the onset of the Iran war and the dinar appears increasingly overvalued. Officials have tightened access to foreign currency in a bid... 2nd September 2026 · 3 mins read
Asset Allocation Chart Pack Interactive Markets Chart Pack We have updated our Interactive Markets Chart Pack with our views on the latest developments in global markets, and how we expect them to perform over the coming years. Note: This Chart Pack is... 1st September 2026 · 1 min read
Capital Daily Flattening yield curves, CAPE nears dotcom extremes We don’t expect lasting relief for short-dated Treasuries, although we expect those in Europe to fare better over time. Meanwhile, our base case remains that the equity market has further to rise... 31st August 2026 · 5 mins read
Capital Daily Reassurance from Warsh gives the dollar a boost Fed Chair Warsh’s much-anticipated keynote speech at the Jackson Hole symposium has allayed some of the confusion caused by his post-FOMC remarks a month ago. More clarity around his approach to both... 28th August 2026 · 4 mins read
China Economics Weekly PBOC leans against RMB gains, sanction risks limited The premium between the renminbi spot rate and the PBOC’s daily fix is now at its largest in over a decade, a sign that the central bank is becoming more resistant to further appreciation. The PBOC is... 28th August 2026 · 5 mins read
China Chart Pack China Chart Pack (Aug. 2026) Our China Activity Proxy suggests that growth slowed sharply in July, reflecting disruptions to construction and industry from typhoons as well as the ongoing drag from weak fiscal spending. But... 28th August 2026 · 1 min read
Bonds Update AI rally and oil prices to drive EM asset divergence While local-currency bonds in parts of LatAm and EM Europe may outperform those in Asia if oil prices fall, equities in those regions are likely to continue to lag their Asian peers as the AI rally... 26th August 2026 · 4 mins read
Africa Chart Pack Africa Chart Pack (Aug. 2026) Economic growth in the region has been resilient in the face of the energy shock, and we think it will accelerate from here. Inflation held steady or slowed, including in Nigeria and South Africa... 24th August 2026 · 0 mins read
Africa Economics Weekly SA food inflation slump, Ethiopia FX, Zambia election The fall in South African inflation in July is likely to be followed by a pick-up in the coming months due to unfavourable base effects. But underlying inflation pressures, as well as food inflation... 21st August 2026 · 5 mins read
Capital Daily USD: Our currency, our problem? The dollar has come under renewed pressure, in part due to a resurgent “debasement” narrative. While we continue to think such concerns are somewhat overblown, and that the economic backdrop overall... 20th August 2026 · 5 mins read
Japan Chart Pack Japan Chart Pack (Aug. 26) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. The economy has weathered the energy shock well as Japan has been able to secure sufficient crude... 20th August 2026 · 1 min read
