Asia Economics Update Korea: central bank to resume easing cycle next year Korea’s central bank today left interest rates unchanged at 2.5%, and the hawkish comments from Governor Rhee at the press conference appear to rule out any chance of a rate cut in the next few months... 27th November 2025 · 3 mins read
Capital Daily Could intervention turn the yen and the won around? We think the Japanese yen and the Korean won will rally against the US dollar next year regardless of any FX intervention, although it would help. 27th November 2025 · 3 mins read
China Activity Monitor CAP: Growth slows, but industry still going strong Our China Activity Proxy suggests that growth slowed last month on the back of weaker growth in services activity. And, despite October’s export slowdown, the industrial sector remained resilient... 26th November 2025 · 1 min read
Australia & New Zealand Economics Update The case for a prolonged pause by the RBNZ The RBNZ has signalled its easing cycle is over and that policy normalisation could be on the agenda as soon as mid-2027. However, it is assuming that spare capacity will diminish much more rapidly... 26th November 2025 · 3 mins read
India Economics Update A more formal, more flexible labour market Sweeping labour market reforms in India have been overshadowed by haphazard implementation and will raise compliance cost for firms in the near term. But once the dust settles, several new measures... 26th November 2025 · 3 mins read
India Chart Pack India Chart Pack (November 2025) After a very strong run, India’s economy faces a more challenging few quarters in the face of punitive US tariffs. But hopes are growing again that these could be reduced. And in any case, domestic... 26th November 2025 · 1 min read
Australia & New Zealand Economics Update RBNZ done cutting, but no hikes before H2 2027 In line with our long-held forecast, the Reserve Bank of New Zealand cut rates to 2.25% at its meeting today and signalled that its easing cycle has now come to an end. As the recovery gains traction... 26th November 2025 · 3 mins read
Australia & New Zealand Rapid Response Australia Consumer Prices (Oct. 2025) With inflationary pressures continuing to strengthen at the start of the quarter, there is little chance that rate cuts will be on the RBA’s agenda anytime soon. 26th November 2025 · 2 mins read
Emerging Markets Economics Update Default risks easing, but simmering fiscal problems in some EMs The incidence of sovereign debt distress has declined sharply across the EM world and is now back to pre-pandemic levels. But our EM Financial Risk Indicators suggest that several countries are still... 25th November 2025 · 3 mins read
Asia Chart Pack Asia Chart Pack (November 2025) Our Asia Chart Pack has been updated with our latest forecasts and calls to reflect key developments across the region. We are holding an online event this Thursday examining what Artificial... 25th November 2025 · 0 mins read
Emerging Europe Economics Focus Russia & China: a “no limits” partnership with limits Russia and China declared a “no limits” partnership in 2022, but the economic limits to the relationship have become increasingly clear. Chinese FDI in Russia remains low, bilateral trade is... 25th November 2025 · 19 mins read
Australia & New Zealand Economics Update New Zealand: weak population growth holding back recovery The tighter labour market in Australia will continue to encourage large numbers of New Zealanders to move to Australia, holding back the recovery in the housing market and consumer spending. While... 25th November 2025 · 4 mins read
Capital Daily What to make of the AI and fiscal concerns roiling markets Equity markets remain under pressure even after positive news on both AI demand and the US labour market. A renewed sell-off in Japan’s bond market isn’t helping matters. Meanwhile, we think the UK... 24th November 2025 · 6 mins read
Asia Economics Weekly BI independence concerns resurface, Philippines corruption The invitation extended to Indonesia’s finance minister this week to attend monetary policy meetings is not unheard of among global central banks, but the move will reinforce concerns that BI’s... 21st November 2025 · 6 mins read
