Global Economics Update Is Trump’s opening to Russia a “Reverse Nixon”? President Trump’s attempts to reset relations with Russia have led some to suggest that he may be attempting to break apart the Sino-Russian alliance as Nixon did in the early 1970s (although in Nixon... 27th February 2025 · 7 mins read
China Economics Update Homebuilding downturn will continue for years Policy support is helping developers secure financing and should boost their sales this year. This will allow them to intensify work on existing projects. But it won’t prevent homebuilding activity... 27th February 2025 · 4 mins read
Asia Economics Update Bank Indonesia’s bond purchases could backfire Bank Indonesia now owns a larger share of government bonds than some DM central banks did at the height of their pandemic QE programmes. Amidst worries that the fiscal guardrails are coming off, BI’s... 27th February 2025 · 4 mins read
Asia Chart Pack Asia Chart Pack (February 2025) Our Asia Chart Pack has been updated with the latest data and our analysis of recent developments. With GDP growth set to struggle and inflation to remain low, central banks are likely to continue to... 26th February 2025 · 0 mins read
India Chart Pack India Chart Pack (February 2025) India’s economy is in the midst of a softer patch which we think will continue for a few more quarters. Headline CPI inflation is now within touching distance of the Reserve Bank’s 4% target and looks... 26th February 2025 · 1 min read
Australia & New Zealand Chart Pack ANZ Chart Pack (Feb. 2025) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. The RBA began its easing cycle with a 25bp cut this month, but it appeared in no hurry to loosen... 26th February 2025 · 1 min read
Asia Rapid Response Thailand Monetary Policy Announcement (February) 26th February 2025 · 2 mins read
Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (Jan. 2025) 26th February 2025 · 3 mins read
Event China Drop-In: 2025 NPC – Setting policy goals in a trickier global environment 5th March 2025, 8:00AM GMT This year’s National People’s Congress (NPC) is taking place against a difficult backdrop for China’s economy; stimulus efforts have so far had only a fleeting impact on activ
Event Japan Drop-In: The Shunto, the Bank of Japan and the inflation and policy outlook 14th March 2025, 8:00AM GMT Will the Bank of Japan be doing a victory lap this year in its quest to get inflation sustainably to 2%?
India Economics Update India trip notes – Trump tariffs, the digital boom and data A week spent visiting clients, policymakers and contacts in India underlines that the digital economy is thriving, that there is hope that India will not be hit hard by Trump’s tariffs, and that much... 25th February 2025 · 4 mins read
Asia Economics Update Korea: further easing coming The Bank of Korea today cut interest rates by a further 25bps (to 2.75%) and made clear that further easing is on the way. With growth set to struggle and inflation likely to remain low, we are... 25th February 2025 · 3 mins read
FX Markets Update AUD & NZD: The Trump Trade’s worst victims? The Australian and New Zealand dollars have fared worse than almost every other currency over the past few months. We think they will continue to do so. 25th February 2025 · 5 mins read
China Economics Update Here’s what China can offer to buy from the US The chances of a trade deal between the US and China, similar to the Phase One deal of Trump's first term, appear to be rising. In this note, first published in February, we examined what China could... 25th February 2025 · 6 mins read
FX Markets Weekly Wrap FX Weekly: US dollar going nowhere fast, but the yen is on the move Despite a continued steady stream of headlines out of the Trump administration, currency markets have remained remarkably calm this week. The dollar has stabilised today but remains around its lowest... 21st February 2025 · 5 mins read
