Canada Rapid Response Bank of Canada Policy Announcement (Sep. 2026) The Bank of Canada delivered a more hawkish message alongside its policy rate announcement today, noting that “the upside risks to inflation have increased” and it is “prepared to adjust monetary... 2nd September 2026 · 2 mins read
Asia Economics Update How should Asian central banks respond to the AI boom? Growth in several Asian economies is running well above previous estimates of trend, driven by a surge in demand for semiconductors and other AI-related products. Yet inflationary pressures remain... 2nd September 2026 · 3 mins read
Australia & New Zealand Economics Update RBNZ tones down its hawkish bias a touch The Reserve Bank of New Zealand hiked rates as expected, but struck a more balanced tone on the risks to its outlook. Although another hike this year seems likely, we continue to expect the OCR to... 2nd September 2026 · 3 mins read
Australia & New Zealand Rapid Response RBNZ Meeting (Sep. 2026) The RBNZ hiked rates as expected, but tempered expectations for further tightening. 2nd September 2026 · 2 mins read
Emerging Europe Rapid Response Israel Interest Rate Announcement (Sep. 2026) The Bank of Israel (BoI) opted to deliver another 25bp interest rate cut, to 3.25% at today’s meeting, and with inflation likely to increase over the coming months we think it will opt for a temporary... 1st September 2026 · 2 mins read
Latin America Rapid Response Brazil GDP (Q2 2026) The slowdown in Q2 GDP growth in Brazil, to 0.5% q/q, is likely to be followed by a softer second half of the year and we think the door remains open for another 25bp interest rate cut later this... 1st September 2026 · 2 mins read
Japan Economics Update How could Japan respond to soaring bond yields? The recent increase in JGB yields has been driven by global rather than domestic factors and there are no signs that it is creating financial stress. The BoJ will accelerate its tightening cycle to... 1st September 2026 · 4 mins read
Australia & New Zealand Economics Update Housing-market outlook hinges on the RBA Australian house prices continued to fall at a rapid pace in August. While we expect the pace of monthly declines to ease more noticeably in the months ahead, risks to this view have increased. If the... 1st September 2026 · 3 mins read
Emerging Europe Economics Update Turkey: Q2 GDP shows clearer signs of rebalancing Turkey’s GDP expanded by 1.1% q/q in Q2, its fastest pace in a year, but beneath the surface there were clear signs of softening domestic demand, with household consumption and imports both... 31st August 2026 · 2 mins 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
US Economics Weekly Warsh strikes a hawkish tone at Jackson Hole Kevin Warsh was uncharacteristically loose-lipped in his keynote address at the 2026 Jackson Hole Economic Policy Symposium , unequivocally indicating that he would be prepared to tighten policy if... 28th August 2026 · 6 mins read
Africa Economics Weekly Naira rally won’t last, Strong SA Data, Zambia Inflation High commodity prices have continued to support the Nigerian naira, but we don’t think this will continue. For the Zambian kwacha, heightened post-election political uncertainty is a key risk that... 28th August 2026 · 5 mins read
US Rapid Response Chair Warsh at Jackson Hole & Preliminary Benchmark Revisions Fed Chair Kevin Warsh’s speech at the Jackson Hole Symposium delivered a far clearer – and hawkish – message than his last press conference appearance, with Warsh arguing that the recent softer price... 28th August 2026 · 3 mins read
Latin America Economics Weekly Mexico & the US-Canada trade war, Brazil’s slowdown The recent US-Canada trade talks that fell apart abruptly offer hints that Mexico might be able to secure concessions on auto and steel. And the US’s demands for a say on Canada’s external trade... 28th August 2026 · 5 mins read
Europe Economics Weekly September ECB hike looks nailed on The rise in natural gas prices in recent weeks, together with the continued strength of the euro-zone economy, mean that a September ECB hike now looks nailed on. Decisions thereafter will depend on... 28th August 2026 · 6 mins read
Asia Economics Weekly Malaysia on hold, BoK dot plot points to one more hike Inflation in Malaysia remains subdued despite rapid economic growth and the recent jump in global energy prices, so we expect Bank Negara Malaysia to leave rates unchanged on Thursday. In Korea, the... 28th August 2026 · 4 mins read
