Capital Daily Future looks bright for Japan’s stock market even if yen rebounds The slump in the yen that accompanied Sanae Takaichi’s unexpected victory in Saturday’s LDP leadership election helps to explain why the stock market in Japan soared on Monday. But there are other... 6th October 2025 · 5 mins read
Asset Allocation Outlook We don’t think the AI boom in equities is over We don’t think the AI boom in equities has run its course, despite how far it has already come. We therefore expect the US stock market, in particular, to charge ahead over the rest of this year and... 6th October 2025 · 28 mins read
FX Markets Weekly Wrap Shutdown stasis looms for the dollar The dollar has weakened a little this week on the back of some softer US employment and activity data. The US government shutdown does not appear to have made much impact, consistent with previous... 3rd October 2025 · 5 mins read
Africa Economics Weekly Nigeria reforms, Ghana and Kenya inflation President Tinubu used his Independence Day address this week to talk up recent improvements in GDP growth and the balance of payments position. He also celebrated the jump in tax revenue this year... 3rd October 2025 · 5 mins read
China Economics Update Global renminbi usage rising, but only slowly Chinese officials have been trying to boost global usage of the renminbi for over two decades. Some progress has been made, with new BIS data placing the currency’s share in global FX turnover at a... 2nd October 2025 · 3 mins read
Capital Daily Softening labour market bigger worry than US shutdown History suggests the US government shutdown is unlikely to make much impact on financial markets even if it drags on for some time. The bigger issue is the continued softening of the US labour market... 1st October 2025 · 4 mins read
Africa Chart Pack Africa Chart Pack (Sep. 25) Growth across Sub-Saharan Africa is set to pick up over the next couple of years helped by a more stable macro environment, lower inflation and looser monetary policy, with many central banks set to... 30th September 2025 · 0 mins read
Capital Daily G10 FX divergence may be a sign of things to come While major developed-market currencies have mostly headed in the same direction against the US dollar this year, that’s come to a halt this month. We think fortunes will continue to diverge, to some... 30th September 2025 · 4 mins read
Global Markets Focus The threats from US reliance on foreign financial flows This Focus examines the large financial inflows to the US that have accompanied the country’s persistent current account deficit. It argues that those inflows face several growing threats which risk... 29th September 2025 · 20 mins read
FX Markets Weekly Wrap Dollar enjoys a broad rally The US dollar is on track to end the week stronger against most other major currencies thanks largely to investors further paring back their expectations for Fed rate cuts. Although political... 26th September 2025 · 6 mins read
Latin America Economics Weekly Trump bails out Milei, and meets with Lula next week The big news out of Latin America this week was the US government’s announcement that it would “do what is needed” to support Argentina. Unsurprisingly, local markets reacted positively. It might give... 26th September 2025 · 7 mins read
Event Drop-In: Europe Outlook – Why the ECB could cut rates in 2026 2nd October 2025, 3:00PM BST The ECB insists interest rates are "in a good place", but it's a view which we think will shift in the coming year.
Africa Economic Outlook Looser monetary policy, stronger growth Growth across Sub-Saharan Africa is set to pick up over the next couple of years helped by a more stable macro environment, lower inflation and looser monetary policy, with many central banks set to... 26th September 2025 · 19 mins read
India Economics Weekly Will the weak rupee constrain the RBI? The Reserve Bank of India’s interest rate decision next week is likely to be a close call. While the weakness of the rupee is a consideration for the bank, external vulnerabilities are far smaller... 26th September 2025 · 4 mins read
Capital Daily What to make of the Swiss-Japanese yield divergence Yields in Switzerland and Japan may diverge even further over the next couple of years. But we don’t think Japan’s escape from zero rates will diminish the yen’s relative appeal as a safe haven. 25th September 2025 · 4 mins read
Latin America Economics Update US throws a lifeline to the Argentinian peso US Treasury Secretary Scott Bessent’s renewed pledge to “do what is needed” to support Argentina in a post on X earlier today, including purchases of Argentinian sovereign US dollar bonds and a... 24th September 2025 · 5 mins read
