Japan Chart Pack Japan Chart Pack (Jan. 2026) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. The economy will continue to grow at a healthy pace, which should ensure that the labour market... 12th January 2026 · 1 min read
Australia & New Zealand Rapid Response Australia Monthly Household Spending Indicator (Nov. 25) With Australian households continuing to loosen their purse strings, the case for the RBA to tighten policy is growing increasingly compelling. 12th January 2026 · 2 mins read
China Economics Weekly Beijing to continue insulating domestic chipmakers Beijing's guidance to Chinese firms to stop placing orders for H200 chips is unlikely to reflect an outright ban. Instead, China's leadership looks to be pausing orders as it tries to regulate imports... 9th January 2026 · 6 mins read
Asia Economics Weekly Philippines budget, Vietnam booming, geopolitical shifts The Philippines’ 2026 fiscal budget, recently approved by President Ferdinand Marcos Jnr., points to a sharp fall in infrastructure spending as the corruption scandal continues to weigh on the economy... 9th January 2026 · 6 mins read
India Economics Weekly Household debt, geopolitical alignment, CPI data The further rise in household debt in India last year should not be a major concern for now given the backdrop of falling interest rates. But it is a risk that will require close monitoring once the... 9th January 2026 · 4 mins read
Japan Economics Weekly China export ban more bark than bite The simmering tensions between Japan and China escalated further this week as China announced an export ban on “dual-use” goods that could be used for military purposes. To be sure, China will only... 9th January 2026 · 4 mins read
China Rapid Response China Consumer & Producer Prices (Dec. 2025) Headline CPI inflation edged up to its highest level since China’s reopening from zero-COVID, but this was due to a weather-related pickup in food prices rather than success of the “anti-involution”... 9th January 2026 · 2 mins read
Australia & New Zealand Economics Weekly Case for February rate hike remains intact Following the release of weaker than expected November inflation figures, the financial markets now only see a small chance of a rate hike at the RBA's next meeting in February. However, if the Q4 CPI... 9th January 2026 · 4 mins read
Capital Daily The renminbi is still weak Despite its recent gains the renminbi still looks weak to us, which is partly why we think it will strengthen further against the US dollar in 2026. 8th January 2026 · 3 mins read
Japan Rapid Response Japan Labour Cash Earnings (Nov. 25) The sharp slowdown in wage growth in November was largely due to volatile bonus payments and a rebound over the first half of next year is very likely. 7th January 2026 · 2 mins read
India Economics Update A shift in India’s geopolitical alignment In our update of our Global Fracturing map for 2026, we now classify India as unaligned, rather than leaning towards the US, following the cooling of the relationship with the Trump administration... 7th January 2026 · 5 mins read
APAC Commercial Property Update Weak total returns continue into 2026 amid tight yield spreads Asia-Pacific property markets have performed largely in line with our mid-2025 forecasts, with investment activity recovering only moderately and returns held back by falling capital values. We expect... 7th January 2026 · 3 mins read
Australia & New Zealand Rapid Response Australia Consumer Prices (Nov. 25) While trimmed mean inflation slowed in February, it’s probably still too strong for the RBA’s liking and we’re sticking to our forecast that the Bank will tighten policy as soon as next month. 7th January 2026 · 2 mins read
Capital Daily We doubt the 10-year JGB yield will soar a lot more in 2026 Although the 10-year JGB yield has now risen decisively above 2%, we aren’t inclined to revise up our already bearish end-2026 forecast of 2.25% given the path of Japan’s policy rate that now seems to... 6th January 2026 · 4 mins read
Asia Economics Update Vietnam: Surging trade surplus with the US carries risks Vietnam’s economy is booming on the back of strong exports, most notably to the US, as it benefits from shifts in global supply chains. However, the export surge is widening Vietnam’s trade surplus... 6th January 2026 · 3 mins read
