China Rapid Response China Activity & Spending (May 2026) The May activity data show that strong exports are boosting industrial production, but domestic demand remains lacklustre 16th June 2026 · 2 mins read
Australia & New Zealand Economics Weekly A cooling housing market but the RBA’s job isn’t done Australian consumers remain deeply pessimistic, particularly about the housing market, with house price expectations falling to a three-year low and auction clearance rates continuing to weaken. Even... 12th June 2026 · 5 mins read
Bank of Japan Watch Pace of tightening set to accelerate BoJ Board members have signalled that they will lift the policy rate next week. And with inflationary pressures set to strengthen, the Bank will probably accelerate its tightening cycle thereafter. We... 10th June 2026 · 7 mins read
RBA Watch RBA will hold fire for now, but leave its options open The RBA will leave rates on hold at 4.35% at its meeting next Tuesday. With the economy showing signs of cooling, the Bank will likely signal a cautious approach to any further policy adjustment... 9th June 2026 · 7 mins read
Japan Economics Weekly Japan edges closer to policy normalisation BoJ Governor Ueda strongly hinted this week that a rate hike is imminent, with policymakers growing concerned about falling behind the inflation curve. With wage growth remaining historically strong... 5th June 2026 · 4 mins read
Australia & New Zealand Economics Weekly RBA alert to inflation risks even as growth softens The Australian economy slowed noticeably in Q1. Although private demand appeared resilient, thanks largely to the data-centre construction boom, the weakness in household consumption remains a cause... 5th June 2026 · 4 mins read
UK Economics Chart Pack UK Economics Chart Pack (Jun. 2026) While we suspect the labour market is too weak to generate big second-round effects, the inevitable rise in CPI inflation from 2.8% in April to a peak of 4.0% early next year under our baseline... 3rd June 2026 · 1 min read
Australia & New Zealand Rapid Response Australia GDP (Q1 2026) The weakness in the Q1 GDP print belies the fact that domestic demand was still growing at a healthy clip. Even so, it increasingly looks like the RBA won’t be in a rush to resume its tightening cycle... 3rd June 2026 · 2 mins read
US Economics Weekly Price pressures not yet raising alarm bells The latest communications from Fed officials have become increasingly hawkish. But the softer-than-expected outturn for the April core PCE deflator and the mounting downside risks to real consumption... 29th May 2026 · 6 mins read
Europe Economics Weekly Europe gradually getting tougher on China Today’s gathering of European Commissioners will prepare the ground for a further tightening of European trade defences against China. However, differences of opinion between European governments and... 29th May 2026 · 6 mins read
Australia & New Zealand Economics Weekly A June pause doesn’t mean the RBA is done hiking A string of soft April activity and inflation figures, alongside survey data showing firms dialling back their capex plans, will give the RBA room to leave rates on hold in June. However, we suspect... 29th May 2026 · 6 mins read
Japan Rapid Response Japan Activity, Labour Market (Apr. 26) & Tokyo CPI (May 26) The April activity data show that Japan’s economy is shrugging off the energy cost shock and cement the case for a BoJ rate hike next month. 29th May 2026 · 2 mins read
US Rapid Response US Personal Income & Spending (Apr 2026) The softer-than-expected 0.24% m/m gain in the core PCE deflator in April buys the Fed a bit of time as it waits to see how higher oil prices will feed through to broader inflation pressures... 28th May 2026 · 2 mins read
China Economics Update Hukou reform is no panacea for weak consumption Chinese policymakers have already improved rural migrants’ access to urban public services considerably over the past decade. The latest State Council plan is a continuation of those efforts rather... 28th May 2026 · 5 mins read
Canada Economics Weekly Soft demand helping to keep inflation in check Data released this week suggest the hit to consumer demand from higher energy prices is helping to offset some of the direct inflationary impact on firms’ costs. This reduces the risk of second-round... 22nd May 2026 · 5 mins read
