Capital Daily What we can learn from markets’ latest rebound The positive reaction to the latest news on the war provides some guide as to how things might fare if it de-escalates further, and suggests that the damage in some markets might be a bit longer... 24th March 2026 · 4 mins read
Event Drop-In: Global Economic and Market Outlook – Pricing the energy shock 26th March 2026, 3:00PM GMT The surge in energy prices that has accompanied fresh fighting in the Middle East challenges assumptions around global growth, inflation and central bank policy across both developed
Capital Daily Can China’s markets continue to outperform? China’s relative equity and bond market resilience could continue even if the war drags on, although the outlook for the renminbi is less clear. 20th March 2026 · 4 mins read
Africa Economics Update Kenya: energy shock adds to currency, sovereign risks Kenya’s reliance on energy imports from Gulf States leaves it amongst the most vulnerable on the continent to the conflict in the Middle East. The fragile external position leaves the onus on the... 18th March 2026 · 5 mins read
Capital Daily War and monetary policy, and what it means for markets Major central bank meetings this week will give investors an early sense of how monetary policymakers will respond to the war. We suspect there isn’t much good news in the offing for bonds. 16th March 2026 · 6 mins read
Capital Daily Why the yen hasn’t been a safe haven The yen hasn’t fared especially well over the war so far, but we suspect that reflects some particular features of the current situation and isn’t a sign its safe-haven days are over for good. 13th March 2026 · 3 mins read
Asset Allocation Update Limited signs of distress in financial markets amid Iran War While the outbreak of the war in the Middle East has led to a surge in volatility across most major asset classes, there are limited signs of distress in core money markets. That may change if the war... 12th March 2026 · 4 mins read
Event Japan Drop-In: Is a BOJ rate hike coming sooner? Insights after the March meeting 19th March 2026, 8:00AM GMT The Bank of Japan faces a very different challenge from most of its global peers.
Middle East & North Africa Economics Update Policy response leaves Egypt better placed to weather war Egypt hasn’t been involved directly in the conflict in the Middle East but it is one of the most vulnerable EMs to the indirect effects, especially higher energy prices and tighter global financial... 11th March 2026 · 3 mins read
Asset Allocation Update Market implications of three scenarios for the conflict Growing optimism that the conflict in the Middle East will be severe but short-lived has been accompanied over the past 24 hours by some retreat in the price of oil and a partial unwinding of the big... 10th March 2026 · 6 mins read
Event UK Drop-In: Bank of England March meeting preview – Rate cuts after the energy shock 12th March 2026, 3:00PM GMT Uncertainty around the duration of the conflict in the Middle East is keeping energy prices near multi-year highs and threatening expectations that the Bank of England will continue cutting rates t
Global Markets Update EM assets have further to fall if Iran conflict intensifies While EM financial markets have started to stabilise following the recent selloff, they are vulnerable to a further deterioration in risk sentiment. Markets in EMEA appear most exposed due to... 5th March 2026 · 4 mins read
Capital Daily Hope springs eternal in markets, even in a geopolitical storm The course of the war between the US/Israel and Iran remains unclear, but investors appear increasingly willing to look through the near-term uncertainty. 4th March 2026 · 5 mins read
China Economics Update China’s rebalancing conundrum A major policy push to boost domestic demand would both reflate China’s economy and reduce its large current account surplus, which is a source of tension with other countries. But this looks unlikely... 4th March 2026 · 9 mins read
Capital Daily The market’s reaction to the war, and what might be next The longer the US/Israeli strikes go on the greater the risk to both US Treasuries and equities, in our view. But the US dollar might continue to fare well. 2nd March 2026 · 5 mins read
China Chart Pack China Chart Pack (Feb 26) China’s economy expanded by just 3.1% in 2025. We expect growth to remain subdued this year too. While the recent change in US tariffs has improved the export outlook for China, we’re expecting less... 27th February 2026 · 0 mins read
