Capital Daily Strait still closed; Trump goes to China; Starmer clings on Neither US-Iran negotiations nor the Trump-Xi summit appear to offer much cause for cheer, and UK politics are inching towards another precipice, but equity markets appear determined to party on. 11th May 2026 · 5 mins read
China Rapid Response China Consumer & Producer Prices (Apr. 2026) The fallout from the Iran War pushed up inflation again in April but price pressures remain narrow in scope and aren't likely to build into a wider reflationary impulse. Inflation looks set to climb a... 11th May 2026 · 2 mins read
China Rapid Response China Merchandise Trade (Apr. 2026) Higher oil prices pushed up import values last month. But soaring chip prices are having an even bigger impact on China’s trade data, pushing up both exports and imports. Price effects aside, the big... 11th May 2026 · 3 mins read
China Economics Weekly Trump-Xi summit will buy time, not resolve differences Next week's summit between Xi and Trump seems unlikely to deliver much beyond a continuation of the existing truce, although a shift in US language on Taiwan in exchange for pressure on Iran or large... 8th May 2026 · 8 mins read
India Economics Weekly Will India’s electronics hub get a new lead man? Tamil Nadu’s election result has introduced new uncertainty into India's most important electronics manufacturing hub. Actor-turned-politician C Joseph Vijay’s TVK party has fallen just short of an... 8th May 2026 · 4 mins read
Asia Economics Weekly Stimulus in Thailand, Korean inflation under control Thailand is launching a 400bn baht (2% of GDP) stimulus to cut living costs and boost renewables, though the spending risks pushing public debt towards—and potentially through—the government’s 70% of... 8th May 2026 · 5 mins read
Japan Economics Weekly Risks remain tilted towards BoJ holding its fire We suspect the Bank of Japan won't read too much into the slowdown in core inflation in Tokyo in April, nor will it see the recent rally in the yen as a precursor to softer imported inflation. However... 8th May 2026 · 4 mins read
Japan Rapid Response Japan Labour Cash Earnings (Mar. 26) While wage growth softened a little in March, it remains strong enough to prompt the Bank of Japan to hike rates as soon as downside risks from the Iran War start to abate. 8th May 2026 · 2 mins read
Equities Update How much more upside for equities if the Strait re-opened fully? If the Strait of Hormuz re-opened fully soon, the upside for global equities might appear limited given MSCI’s ACWI Index is now more than 4% higher than before the Iran war began. But its surge from... 7th May 2026 · 5 mins read
Asia Economics Update Philippines: stagflation nation The Philippines is going through a period of stagflation, with a combination of slowing (and very weak) GDP growth and high and rising inflation placing the central bank in an unenviable position... 7th May 2026 · 3 mins read
India Economics Update West Bengal victory is pivotal for PM Modi’s BJP The key takeaway from the results of the recent round of state elections – West Bengal in particular – is that Prime Minister Modi’s BJP is weathering the energy shock without a meaningful loss of... 5th May 2026 · 3 mins read
China Rapid Response Hong Kong GDP (Q1 Preliminary) Hong Kong’s Q1 growth surprised significantly to the upside, with the economy expanding by 5.9% y/y, up from 3.8% in Q4. In seasonally adjusted, q/q terms, the economy grew by 2.9%, the fastest pace... 5th May 2026 · 2 mins read
Capital Daily Tech stocks versus oil, bonds versus central banks Tech stocks have continued to power ahead despite renewed concerns around the war, but we don’t think they’re completely immune to it. Meanwhile, central bank inaction could be a threat to bond... 5th May 2026 · 6 mins read
