Japan Chart Pack Japan Chart Pack (Aug. 26) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. The economy has weathered the energy shock well as Japan has been able to secure sufficient crude... 20th August 2026 · 1 min read
Australia & New Zealand Rapid Response Australia Labour Market (July 2026) With the labour market continuing to cool, we doubt that the RBA will tighten policy any further despite its recent hawkish messaging. 20th August 2026 · 2 mins read
US Rapid Response US Fed Minutes (Jul. 28-29) The minutes of the Fed’s July meeting confirmed that the rate-setting committee had become more hawkish since the June meeting but, with the inflation, labour market and activity data since then all... 19th August 2026 · 3 mins read
Latin America Economics Update Chile: from regional outperformer to laggard The poor performance of Chile’s economy in Q2 has prompted us to revise down our already below-consensus growth forecast to just 0.5% this year. And while we expect a modest pick-up in growth over... 19th August 2026 · 3 mins read
Africa Rapid Response South Africa Consumer Prices (Jul. 26) The large fall in South African inflation in July, to 4.3% y/y, will likely prove a blip and the headline rate is likely to rise into early 2027. That should keep the SARB on the sidelines in the near... 19th August 2026 · 2 mins read
Latin America Rapid Response Colombia GDP (Q2 2026) The strong 1.3% q/q expansion in Colombian GDP in Q2, alongside continued above-target inflation, means that BanRep is likely to deliver an interest rate hike in September (having paused in July). 18th August 2026 · 2 mins read
Global Economics Focus How to think about the bond market sell-off The recent bond market sell-off appears to reflect investors demanding greater compensation for fiscal, geopolitical and policy uncertainty. We expect this shift to prove relatively persistent. The... 18th August 2026 · 15 mins read
India Chart Pack India Chart Pack (Aug. 2026) The latest activity data suggest that India’s economy is slowing, but we think GDP growth should average 6.5% in 2026-27 – an enviable rate by global standards. Headline inflation nudged up to a 19... 18th August 2026 · 1 min read
Emerging Europe Economics Update Israel: Q2 rebound doesn’t rule out further rate cuts The rapid recovery in Israel’s GDP in Q2 confirms that the start of the Iran war had only a minor and temporary effect on the economy, and GDP growth now looks on course to exceed 4% over this year as... 17th August 2026 · 2 mins read
Africa Rapid Response Nigeria Consumer Prices (Jul. 26) The fall in Nigeria’s headline inflation rate from 15.9% in June to a lower-than-expected 15.4% y/y in July, suggest that the door is open to the resumption of the monetary easing cycle next month. 17th August 2026 · 2 mins read
US Economics Weekly Fed’s next move a hike, but not in September The tameness of the price data for July means we are dropping our call for the Fed to raise interest rates in September. Nonetheless, we are not convinced that the conditions are in place for core... 14th August 2026 · 6 mins read
China Economics Weekly PBOC won’t defer rate cuts indefinitely In its Q2 monetary policy report published earlier this week, the PBOC vowed to make timely adjustments to policy but stopped short of signalling rate cuts. For now, the central bank seems focussed on... 14th August 2026 · 5 mins read
Africa Economics Weekly AGOA extended, Kenya and Uganda hold rates The African Growth and Opportunity Act took another step towards being extended this week, providing further evidence that Africa is emerging from the latest US trade actions relatively unscathed... 14th August 2026 · 5 mins read
UK Economics Weekly Heatwaves pose bigger risks to inflation than activity Heatwave-related impacts on near-term activity are likely to be sector-specific, short-lived, and therefore have only a small influence on aggregate GDP. This summer’s scorching temperatures pose a... 14th August 2026 · 8 mins read
Emerging Europe Economics Weekly Q2 GDP wrap-up, Turkish monetary easing incoming? The raft of Q2 GDP figures out of Central and Eastern Europe highlighted that the region weathered the energy shock reasonably well but also that there’s a wide divergence in performances across the... 14th August 2026 · 5 mins read
