Global Commercial Property Update Alternative real estate sectors set to gain more ground In an environment of relatively weak economic growth, alternative sectors stand to benefit from a lower reliance on cyclical drivers, and support from structural trends that will drive long-term... 24th March 2026 · 3 mins read
Japan Rapid Response Japan Consumer Prices (Feb. 2026) Inflationary pressures are more entrenched than the weak headline result would for February would suggest. Indeed, we believe that the Bank of Japan’s preferred measure of core inflation will remain... 23rd March 2026 · 2 mins read
Japan Economics Update Strong Shunto results will prompt more BoJ rate hikes This year’s spring wage negotiations (Shunto) delivered strong pay hikes for the third consecutive year, which will convince the Bank of Japan to tighten policy further this year. And while softer... 23rd March 2026 · 4 mins read
China Economics Weekly Fewer rate cuts but fiscal easing won’t come to the rescue China's central bank left the loan prime rates on hold today. With higher oil prices set to keep the economy out of deflationary territory, we're now only expecting the central bank to deliver one... 20th March 2026 · 6 mins read
Commodities Update Refined oil products caught in the maelstrom The surge in the prices of refined oil products is amplifying the economic impact of the energy crisis. Countries in Africa that ordinarily source oil products from the Middle East have been most... 20th March 2026 · 3 mins read
India Economics Weekly Energy shortages rather than prices the imminent threat for India Regulated prices insulate consumers in India from surges in global energy prices but they are no protection against – and, indeed, they contribute to – shortages of fuels and related products. We’ve... 20th March 2026 · 5 mins read
Asia Economics Weekly Energy shockwaves: Asia first in the line of fire We have revised our forecasts to incorporate higher energy prices, assuming Brent averages close to US$100 per barrel in Q2 before easing to around US$80 by year-end. Given Asia’s heavy reliance on... 20th March 2026 · 7 mins read
Japan Economics Weekly Industry starting to suffer from Middle East conflict Shortages of naphtha resulting from the conflict in the Middle East are evoking the image of severe disruptions in Japan’s manufacturing sector as happened during the pandemic. With some countries in... 20th March 2026 · 7 mins read
Capital Daily Can China’s markets continue to outperform? China’s relative equity and bond market resilience could continue even if the war drags on, although the outlook for the renminbi is less clear. 20th March 2026 · 4 mins read
Australia & New Zealand Economics Weekly RBA will hike rates to 4.60% this year The RBA's decision to hike rates this week was underpinned by its view that upside risks to inflation outweigh downside risks to employment. We suspect that will remain the case for some time. Given... 20th March 2026 · 7 mins read
Capital Daily The future might not be so bad for government bonds While the conflict in the Middle East could evolve in myriad ways, we think government bonds would typically recover in our ‘baseline’ scenario but struggle in our ‘adverse’ one. That largely reflects... 19th March 2026 · 4 mins read
Japan Economics Update BoJ signals willingness to hike rates again soon A slim majority of BoJ Board members believe that the conflict in the Middle East will on balance strengthen inflationary pressures in Japan. Accordingly, we’re sticking to our forecast that the Bank... 19th March 2026 · 3 mins read
Australia & New Zealand Rapid Response Australia Labour Market (Feb. 26) With inflation set to approach 5%, the renewed rise in the unemployment in February won’t prevent the RBA from hiking rates further. 19th March 2026 · 2 mins read
