Capital Daily First thoughts on Greenland, tariffs & financial markets While the rhetoric around the Trump administration’s interest in Greenland is escalating rapidly, financial markets have taken the return of US-Europe trade tensions over recent days largely in their... 19th January 2026 · 6 mins read
Capital Daily Some more thoughts on the yen’s puzzling weakness Although the yen has recovered a bit of ground against the dollar in the past few days, its prior weakness remains something of a puzzle. 16th January 2026 · 6 mins read
Africa Economics Weekly Angola’s aggressive rate cut, SA’s political instability Angola’s central bank cut interest rates by more than expected this week to prop up struggling growth, but growing imbalances make the kwanza vulnerable to falls which could bring this monetary easing... 16th January 2026 · 6 mins read
Event India Drop-In: Budget, RBI & the road ahead 28th January 2026, 9:00AM GMT 2025 was another stellar year for India's economy. But with headwinds building in 2026, will policymakers need to step up their game?
Japan Economics Weekly Hawkish BoJ may lift JGB yields even further We aren’t convinced that the continued rise in long-term bond yields coupled with the further weakening of the yen signals a loss of confidence in Japanese assets. But if the BoJ signals a more... 16th January 2026 · 5 mins read
Capital Daily Making sense of Japan’s financial markets We doubt the recent contrasts in Japan’s financial markets (government bonds and FX down, stocks up) will persist. Our view is that the yen will regain ground against the US dollar before long and... 14th January 2026 · 3 mins read
Africa Economics Update Uganda elections: Museveni to win but unrest risk lingers Uganda heads into elections next week with President Yoweri Museveni widely expected to secure a ninth successive term. Under this status quo, continued investment in the hydrocarbon industry and... 12th January 2026 · 5 mins read
Capital Daily Don’t count out the greenback, despite threats to Fed We still think there are plenty of reasons to be positive on the US dollar, despite the latest threats to the Fed’s independence. 12th January 2026 · 5 mins read
Japan Chart Pack Japan Chart Pack (Jan. 2026) 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 January 2026 · 1 min read
Africa Economics Weekly SSA economies and currencies to fare well in 2026 Zambia’s kwacha has made a bright start to the year, while the naira and rand have also posted early gains. And we expect most African currencies to fare well over the course of 2026. The risk of... 9th January 2026 · 6 mins read
Capital Daily The renminbi is still weak Despite its recent gains the renminbi still looks weak to us, which is partly why we think it will strengthen further against the US dollar in 2026. 8th January 2026 · 3 mins read
Emerging Europe Economics Update Current account deficit no concern for Israeli shekel Israel posted a rare current account deficit in Q3, its first quarterly deficit in a decade, but we don’t think this is a concern and expect the current account to return to surplus in the coming... 6th January 2026 · 4 mins read
Capital Daily First thoughts on the market implications of Maduro’s capture While the capture of Venezuelan president Maduro by American forces has dominated headlines, financial markets seem unperturbed. We agree with the implicit view that the near-term economic and... 5th January 2026 · 3 mins read
China Economics Weekly Renminbi set to appreciate further in 2026 The renminbi has made headway recently, both against the US dollar and in trade-weighted terms. With inflation set to remain much lower in China than elsewhere, further nominal appreciation looks... 2nd January 2026 · 6 mins read
Capital Daily Three key charts for financial markets in 2026 As the year draws to a close, the key themes and questions that emerge for 2026 are in many ways familiar. Will the AI boom continue? Can the government bond market keep muddling through? And can the... 22nd December 2025 · 7 mins read
Capital Daily Is the problem with the yen a real one? Today’s decision by the Bank of Japan (BoJ) to raise it key policy rate by another 25bp has done nothing to shore up the yen, which has fallen by another ~1% against the US dollar. Admittedly, the... 19th December 2025 · 4 mins read
