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
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
Event Drop-In: Asia macro and markets update – Fracturing, the Fed and AI’s influence 29th January 2026, 8:00AM GMT As 2026 begins, the drivers for Asian markets are crystallising.
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
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
Japan Economics Update Has Japan become a leading ICT economy? While Japanese firms seem to be investing more in information & communication technology than those in almost any other advanced economy, broader measures suggest that the country is not a leading... 6th January 2026 · 3 mins read
Global Economics Update Key questions in geoeconomics to start the year Geoeconomics is back in focus as we enter 2026, with the removal of Venezuela’s Nicolás Maduro by the US dominating headlines and raising questions for global markets. This Global Economics Update... 5th January 2026 · 5 mins read
Asia Economics Update A look ahead to the key political events in Asia in 2026 In a busy electoral calendar, several Asian countries will go to the polls this year, with potentially significant implications for economic reform in India and macroeconomic stability in Bangladesh... 5th January 2026 · 4 mins read
Japan Economics Update Bank of Japan isn’t falling behind the curve just yet We aren’t convinced that the Bank of Japan is falling behind the curve despite the recent acceleration in bank lending. Nonetheless, there are few signs that BoJ rate hikes are resulting in tighter... 5th January 2026 · 3 mins read
China Economics Weekly Renminbi set to appreciate further in 2026 The renminbi has made headway recently, both against the US dollar and in trade-weighted terms. With inflation set to remain much lower in China than elsewhere, further nominal appreciation looks... 2nd January 2026 · 6 mins read
Asia Economics Update Asia PMIs, Korea Trade (Dec) & Singapore GDP (Q4) The December Manufacturing PMI readings for most Asian economies remain consistent with generally soft manufacturing activity. However, the PMIs have recently been a poor guide to the hard activity... 2nd January 2026 · 3 mins read
China Chart Pack China Chart Pack (Dec 25) While China’s growth picked up in November on the back of stronger export growth, the economy looks set to have expanded by less than 3.5% this year. Exports should continue growing next year, despite... 31st December 2025 · 0 mins read
