Australia & New Zealand Rapid Response Australia Labour Market (Sep. 2026) The clear deterioration in labour market conditions should give the RBA greater confidence that policy settings are adequately restrictive. 15th October 2026 · 2 mins read
Japan Chart Pack Japan Chart Pack (October 2026) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. There are no signs that higher interest rates are resulting in tighter financial conditions or... 13th October 2026 · 1 min read
Canada Economics Weekly Weak loonie further complicates the Bank’s task This week's fall in Canada's nominal effective exchange rate to its lowest level since the 2016 oil price crash might, at the margin, make Governing Council more reluctant to lean too dovish at... 9th October 2026 · 4 mins read
Canada Rapid Response Canada Labour Force Survey (Sep. 2026) Large back-to-back employment declines in August and September, alongside a tick up in the unemployment rate to 6.5%, mean it will take a big upside surprise in the September CPI release in a couple... 9th October 2026 · 2 mins read
China Scenarios China Economic Scenarios - Q4 2026 China Scenarios brings together Capital Economics’ best-in-class research and proprietary data on China with Fathom’s world-leading scenario modelling and proprietary data. It contains six thematic... 9th October 2026 · 1 min read
Europe Chart Pack Europe Chart Pack (October 2026) The euro-zone economy is growing at a steady pace. While Spain is still the clear outperformer among the larger countries, Germany has finally returned to growth, but France has stalled. Business... 7th October 2026 · 0 mins read
Japan Rapid Response Japan Labour Cash Earnings (Aug. 26) The continued strength of wage growth even after the end of the summer bonus will encourage the Bank of Japan to lift its policy rate to neutral levels sooner rather than later. 7th October 2026 · 1 min read
US Rapid Response US Employment Report (Sep. 2026) The softer payroll gain and tick up in the unemployment rate in September is not enough to spoil the image of a labour market which is broadly performing well, though it has helped trim investors’... 2nd October 2026 · 3 mins read
Australia & New Zealand Economics Weekly RBA’s tightening cycle is likely at an end The RBA left the door open to further tightening when it hiked rates by 25bp this week. However, policy is already well into restrictive territory and much of this year’s tightening has yet to work... 2nd October 2026 · 4 mins read
Canada Economic Outlook Downside growth risks to limit rate hikes Trade uncertainty and lower immigration will limit GDP growth to 1.5% next year, keeping core inflation from drifting too far back above target. Accordingly, the Bank of Canada will only hike twice... 30th September 2026 · 14 mins read
Global Economic Outlook Weathering the energy shock We expect the global economy to remain resilient in the face of the energy shock. In Asia, many governments will continue to shield their economies from the worst of higher energy prices. In most DMs... 30th September 2026 · 46 mins read
Australia & New Zealand Economics Update RBA keeps its options open after hawkish hike The RBA hiked rates as expected and kept the door open to further tightening. We still think the cash rate has peaked, as the cooling labour market should help reduce capacity pressures. However, the... 29th September 2026 · 3 mins read
Global Economics Chart Pack Global Economics Chart Pack (September 2026) The world economy has gained momentum in Q3. Business surveys have improved, trade is booming amid the AI buildout, and consumption has been resilient to high energy prices. Meanwhile, jobs growth has... 28th September 2026 · 1 min read
UK Economic Outlook Near-term pain, better times ahead The ongoing energy price shock is a further temporary setback to the UK economy rather than a permanent blow. If we’re right that over the next year the economy and labour market won’t be strong... 28th September 2026 · 14 mins read
China Chart Pack China Chart Pack (Sep. 2026) Our China Activity Proxy suggests that growth slowed further to just 1.3% y/y in August. This reflects lingering typhoon disruptions and continued weakness in fiscal spending, with local governments... 28th September 2026 · 1 min read
Australia & New Zealand Economics Weekly AI boost to productive capacity remains elusive We share RBA Governor Bullock’s view that the AI boom is currently doing more to boost demand than the economy’s supply side. With business surveys also suggesting that price pressures remain elevated... 25th September 2026 · 5 mins read
