Japan Economics Update How would Japan respond to a further surge in yields? Should JGB yields continue to surge, PM Takaichi may be forced to offset some of the expansionary fiscal measures announced recently with tightening elsewhere. However, those moves may not be seen as... 21st January 2026 · 4 mins read
US Economics Update SCOTUS rulings pivotal for Trump’s second year President Donald Trump’s first year back in the Oval Office was more disruptive than we had expected, marked by attacks on the global trading order, the domestic institutional framework and even the... 20th January 2026 · 5 mins read
Latin America Chart Pack Latin America Chart Pack (Jan. 2026) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Sluggish growth and target-bound inflation should give central banks room to... 20th January 2026 · 1 min read
Asia Economics Update Indonesia’s policymaking concerns back in the spotlight The credibility of policymaking in Indonesia has been dealt a fresh blow at the start of 2026. It will take time for the more pernicious effects of populist and interventionist policies under... 20th January 2026 · 4 mins read
Emerging Europe Rapid Response Romania Interest Rate Announcement (Jan.) The decision by the National Bank of Romania to leave its policy rate on hold again today, at 6.50%, was widely expected by analysts, and we think that high inflation will continue to prevent interest... 19th January 2026 · 2 mins read
Japan Economics Update Is PM Takaichi creating her own Liz Truss moment? Our base case remains that Japan will avoid a fiscal crisis as its public debt dynamics are more favourable than is widely understood. However, there are mounting risks that PM Takaichi will only rein... 19th January 2026 · 4 mins read
Emerging Europe Rapid Response Russia Consumer Prices (Dec. 2025) The further sharp fall in Russian inflation, to 5.6% y/y in December, will be welcomed by the central bank but this is likely to be temporary as a result of the VAT hike that came into force this... 16th January 2026 · 2 mins read
Europe Economics Update ECB independence is not at risk The ECB does not face the same imminent threat to its independence as the US Fed, but it could come under more pressure from politicians in future. However, it would be much harder for governments to... 16th January 2026 · 3 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
Latin America Economics Weekly US-Venezuela thaw, Mexico’s AI exports, BanRep hikes Recent developments point to a thawing in relations between the US and Venezuela under interim President Delcy Rodríguez, with a possible rolling back of sanctions now being discussed by US officials... 16th January 2026 · 5 mins read
Emerging Europe Economics Weekly Iran spillovers, CEE activity, Russian inflation spike The spillover effects for economies in Emerging Europe from the protests in Iran this week will largely depend on how commodity prices move. From a political standpoint, the protests are another blow... 16th January 2026 · 7 mins read
UK Economics Weekly February may be too soon, but rate cuts to keep on coming Unless next week’s labour market and inflation data are unanimously weak, February may be too soon for another interest rate cut given the Bank of England’s hawkish tilt at its December meeting. But... 16th January 2026 · 10 mins read
Europe Economics Update Digital euro could yet become a reality The chance of the ECB launching a digital euro has risen over the past year. However, it is unlikely to see light of day until 2029 at the earliest and, by design, total holdings are likely to be... 16th January 2026 · 3 mins read
Event Drop-In: The Bank of Canada’s January decision and the 2026 policy outlook 28th January 2026, 5:00PM GMT Our Canada team were onlineshortly after the Bank of Canada’s January meeting, for a 20-minute online briefing about the country’s economic and policy outlook.
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
