US Rapid Response US ISM Manufacturing Index (Mar. 2026) The slight rise in the ISM Manufacturing Index in March masks the unease among firms evident in the breakdown, with new orders dropping back and supplier delivery times lengthening. The further rise... 1st April 2026 · 2 mins read
Japan Rapid Response Japan Tankan (Q1 26) The Tankan survey showed that firms are shrugging off the energy shock caused by the Iran war, which should encourage the BoJ to hike rates at this month’s meeting. 1st April 2026 · 2 mins read
Australia & New Zealand Chart Pack ANZ Chart Pack (March 2026) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. Inflation will rise well above target in both Australia and New Zealand as a result of the oil price... 26th March 2026 · 1 min read
China Economics Weekly NPC Press Conference: a little domestic rebalancing… Today's press conference for the heads of senior economic and financial ministries made clear that, while the leadership is looking to drive some degree of domestic rebalancing towards consumption... 6th March 2026 · 7 mins read
US Rapid Response US ISM Services Index (Feb. 2026) The broad-based strength in the February ISM Services Index, along with the recent improvement in the manufacturing index, suggests the underlying economy is reaccelerating. Indeed, it leaves our... 4th March 2026 · 2 mins read
China Economics Update China’s rebalancing conundrum A major policy push to boost domestic demand would both reflate China’s economy and reduce its large current account surplus, which is a source of tension with other countries. But this looks unlikely... 4th March 2026 · 9 mins read
US Rapid Response US ISM Manufacturing Index (Feb. 2026) The essentially unchanged level of the ISM Manufacturing Index in February, after the prior month’s surge, suggests that the domestic factory sector is benefiting from stronger global conditions tied... 2nd March 2026 · 2 mins read
Australia & New Zealand Economics Weekly Aussie firms on capex spree, Ardern joins Kiwi exodus The evidence that the Australian economy is operating with excess demand continues to pile up. We learnt this week that private capex growth surged to a two-year high in Q4. Moreover, with firms... 27th February 2026 · 5 mins read
US Chart Pack US Chart Pack (Feb. 2026) The average tariff rate will decline following the Supreme Court’s IEEPA ruling, but not by enough to materially change the near-term outlook for the economy. That hinges on AI-related investment and... 26th February 2026 · 1 min read
Australia & New Zealand Chart Pack ANZ Chart Pack (Feb. 2026) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. The continued acceleration in Australia’s underlying inflation at the start of the year vindicates the... 25th February 2026 · 1 min read
Japan Economics Update Japan has got 99 problems but investment isn’t one PM Takaichi is misdiagnosing what’s holding back Japan’s economy. This means that rather than boosting Japan’s long-term growth potential, her policies may instead unleash a wave of wasteful public... 24th February 2026 · 3 mins read
Japan Chart Pack Japan Chart Pack (Feb. 26) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. The economy will continue to grow at a healthy pace, which should ensure that the labour market... 12th February 2026 · 1 min read
Australia & New Zealand Economics Weekly RBA has more work to do We expect the Reserve Bank of Australia to follow up this week’s 25bp hike with additional policy tightening in the months ahead. Indeed, with growth set to accelerate further above potential this... 6th February 2026 · 4 mins read
