Japan Economics Update Japan has got 99 problems but investment isn’t one PM Takaichi is misdiagnosing what’s holding back Japan’s economy. This means that rather than boosting Japan’s long-term growth potential, her policies may instead unleash a wave of wasteful public... 24th February 2026 · 3 mins read
Global Economics Update Questions & answers on the new US tariff regime The imposition of a 10% Section 122 tariff on all countries leaves the weighted-average US tariff rate about 3.5%-points lower than was the case under the IEEPA framework, although the difference will... 23rd February 2026 (Updated 24th February 2026) · 8 mins read
China Economics Focus Anti-involution efforts are no quick fix for overcapacity Our new Overcapacity Index for China shows that the government’s “anti-involution” campaign, which aims to tackle deflation by curbing excess supply, has yet to make much headway. That’s unlikely to... 23rd February 2026 · 27 mins read
Asia Economics Update New US tariff regime will rejig Asian electronics trade Trump’s new 15% global tariff rate reduces the tariff burden on most Asian countries, but the biggest winner is China. It still faces a higher tariff than countries elsewhere in the region, but the... 23rd February 2026 · 4 mins read
India Chart Pack India Chart Pack (February 2026) India’s economic growth won’t match the pace of 2025 over the next couple of years, but India will remain a global outperformer. Prospects have brightened further as punitive US tariffs have come down... 20th February 2026 · 1 min read
China Economics Weekly Economy to plod along in the Year of the Horse Tuesday marked the first day of the Year of the Horse. Horse years are traditionally seen as years of energy and forward momentum but, with policymakers unlikely to loosen the reins much on fiscal... 20th February 2026 · 6 mins read
Asia Economics Weekly Bank of Thailand to cut again, Asia and the AI boom We will be holding an online briefing on Wednesday to discuss the region’s long-term economic outlook out until 2050. You can register by clicking here. We expect the Bank of Thailand to cut rates at... 20th February 2026 · 6 mins read
Australia & New Zealand Economics Weekly The case for back-to-back hikes by the RBA Data released this week continue to indicate that the Australian economy is running up against capacity constraints. The relatively modest pickup in wage growth last quarter belies the fact that unit... 20th February 2026 · 5 mins read
India Economics Weekly India’s AI summit meets the “AI scare trade” The optics of this week's AI Impact Summit in New Delhi were powerful, but the timing was awkward. India’s business consulting and software firms have been major casualties in the global equity sell... 20th February 2026 · 5 mins read
Japan Economics Weekly Looser fiscal policy has yet to manifest itself The large supplementary budget passed in November provided no discernible boost to public spending last quarter, which supports our long-held view that the government only recorded a minuscule budget... 20th February 2026 · 5 mins read
Japan Rapid Response Japan Flash PMIs (Feb. 26) With the composite PMI rising to a three-year high in February, the recent sluggishness in economic activity should be followed by a marked recovery in the first half of this year. 20th February 2026 · 2 mins read
Japan Rapid Response Japan Consumer Prices (Jan. 2026) With price pressures showing signs of softening, the Bank of Japan won’t be in a rush to resume its hiking cycle. However, we still believe conditions will be in place for the Bank to raise rates by... 20th February 2026 · 2 mins read
Bonds Update AUS-NZ yield spread set to widen further We think the 10-year Australian government bond yield will reach 5% this year as the RBA hikes by more than investors anticipate. But we see less scope for yields to rise in New Zealand as the RBNZ is... 19th February 2026 · 4 mins read
Asia Rapid Response Indonesia Interest Rate Announcement (Feb. 2026) 19th February 2026 · 2 mins read
Asia Rapid Response Philippines Interest Rate Announcement (Feb. 2026) 19th February 2026 · 2 mins read
Australia & New Zealand Rapid Response Australia Labour Market (Jan. 26) With the January labour force survey confirming that the labour market is tightening rather than loosening as the RBA had anticipated, the Bank has more work to do. 19th February 2026 · 2 mins read
