Japan Chart Pack Japan Chart Pack (Feb. 26) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. The economy will continue to grow at a healthy pace, which should ensure that the labour market... 12th February 2026 · 1 min read
Global Markets Focus Can EM financial market outperformance continue? After a broad‑based rally in Emerging Markets (EM) assets since the beginning of last year, we think that the scope for outsized returns is now limited to only a few corners of the market. We expect... 12th February 2026 · 13 mins read
Capital Daily Robust US payrolls point to higher Treasury yields The blockbuster US non-farm payrolls report released earlier today strengthens the case for higher US Treasury yields and a rebound in the dollar over the coming months. 11th February 2026 · 4 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (February 2026) Our Emerging Markets Chart Pack has been updated with the latest data and our analysis of recent developments. EM GDP growth will slow to ~3.5% in 2026-27, the weakest rate in the past three decades... 11th February 2026 · 1 min read
Global Markets Update What the “Starmer drama” means for Gilts and Sterling Keir Starmer appears to have fended off the latest challenge to his leadership, but his premiership hangs by a thread. This Update examines what previous political episodes can tell us about what his... 11th February 2026 · 5 mins read
Middle East & North Africa Economics Update Egypt’s current account deficit will continue to narrow The improvement in Egypt’s external competitiveness since the policy shift two years ago has supported a narrowing of the current account deficit and we think this has further to run, especially if... 9th February 2026 · 4 mins read
Capital Daily Takaichi’s triumph, UK drama, US data: what it means for markets Calm may be on the way for Japan’s markets now the election is out of the way: we don’t expect a further sell-off in JGBs and forecast a stronger yen. But renewed political turmoil in the UK might be... 9th February 2026 · 6 mins read
Capital Daily Weighing up the implications of today’s MPC and ECB meetings A dovish UK MPC meeting prompted big falls in both short-dated Gilt yields and sterling today, whereas there wasn’t so much reaction in the markets to the ECB’s gathering. We think there is scope for... 5th February 2026 · 4 mins read
Emerging Europe Economics Update Turkey’s rebalancing process enters a more difficult phase The latest data out of Turkey have reinforced our view that the rebalancing process is becoming more challenging. At the heart of the problem is excessively strong domestic demand and the tension... 4th February 2026 · 5 mins read
Africa Economics Update Inflation backdrop to prompt more rate cuts in SSA Inflation is subdued or falling across Sub-Saharan Africa, a trend which we think has further to run over the course of 2026. Monetary stances are generally tight, which provides policymakers with... 4th February 2026 · 5 mins read
Capital Daily Rate cutter’s remorse not a threat to most bond markets Australian bonds have been battered lately, and its currency boosted, by the prospect of the country’s central bank reversing course on monetary easing. But even though it’s now followed through with... 3rd February 2026 · 4 mins read
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
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
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
