Latin America Rapid Response Brazil IPCA (Jan. 2026) The small pick-up in Brazilian inflation to 4.4% y/y in January was driven entirely by higher housing inflation and masks a sharp easing in underlying price pressures. This will give Copom more... 10th February 2026 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Jan. 2026) The fall in Egypt’s headline inflation rate from 12.3% y/y in December to 11.9% y/y in January, its weakest pace since September and second weakest since Q1 2022, means that the Central Bank of Egypt... 10th February 2026 · 2 mins read
Latin America Rapid Response Mexico Consumer Prices (Jan. 2026) The pick-up in Mexican inflation to 3.8% y/y in January was driven by a strengthening of core inflation. And while we don’t think this will prompt Banxico to end its easing cycle, it does mean that... 9th February 2026 · 2 mins read
Global Economics Chart Pack Global Economics Chart Pack (Feb. 2026) The latest data seem to confirm that global GDP growth slowed in Q4. But there are also several signs of encouragement, consistent with our forecast for global growth to stabilise at about 3% this... 9th February 2026 · 1 min read
Europe Chart Pack Europe Chart Pack (Feb. 2026) We expect euro-zone GDP growth to be fairly sluggish in the coming years. Germany’s fiscal stimulus should provide only a temporary and fairly modest boost, and we don’t think it will do much to raise... 9th February 2026 · 1 min read
Japan Economics Update Your questions on Japan’s snap elections answered Prime Minister Sanae Takaichi has secured the largest victory for her LDP in post-war history in yesterday’s snap election. This Update answers the questions most frequently asked by clients. We will... 9th February 2026 · 4 mins read
Canada Economics Weekly Housing could take a while to thaw The local real estate board data for January shows that the housing market is still struggling, and we probably can’t blame it all on the weather. Meanwhile, the large fall in the unemployment rate... 6th February 2026 · 4 mins read
US Economics Weekly Jobs market health still in question ahead of Jan payrolls This week's slew of soft labour market data releases – including a further slump in job openings, higher weekly jobless claims, and a rebound in Challenger job cut announcements – has resurfaced... 6th February 2026 · 7 mins read
Africa Economics Weekly South Africa’s DA leadership battle, AGOA is extended While the South African Democratic Alliance's change in leadership in April is unlikely to affect the stability of the Government of National Unity, there are key risks ahead including municipal... 6th February 2026 · 5 mins read
UK Economics Weekly Political wobbles, dovish BoE, rebound in activity won’t last The dovish surprise at this week's Bank of England meeting, including the downward revision to the Bank's GDP growth forecasts despite the recent rebound in activity, leaves us more confident in our... 6th February 2026 · 8 mins read
Europe Economics Weekly Christine Lagarde’s wishful thinking on AI This week’s inflation data and ECB decision were in line with expectations. In this Weekly we take a look at Christine Lagarde’s claim that there is a significant AI-related pick-up in investment in... 6th February 2026 · 5 mins read
Emerging Europe Economics Weekly Russia-India energy relations, Turkey CPI, CEE rates We are sceptical that India will fully curtail its oil imports from Russia as part of the US-India trade deal announced this week, but even a partial scaling back of purchases could add to strains in... 6th February 2026 · 5 mins read
India Economics Weekly A pivotal (and positive) week The net result of an extraordinary week encompassing the FY26/27 Union Budget, an RBI meeting and an announcement of a trade deal with the US is that both near-term and long-term economic prospects... 6th February 2026 · 5 mins read
India Economics Update RBI easing cycle comes to an end The Reserve Bank of India (RBI) kept the repo rate unchanged today at 5.25% and sounded a touch more confident on the growth outlook. With a key downside risk to growth having abated, thanks to the... 6th February 2026 · 3 mins read
Japan Economics Weekly BoJ will hike rates again in June The recent turmoil in Japan’s bond market seems to have prompted some soul-searching among policymakers in Tokyo and we remain convinced that a decisive LDP victory in the upcoming Lower House... 6th February 2026 · 5 mins read
