China Chart Pack

China Chart Pack (Mar. 26)

China’s growth picked up at the start of the year, thanks to a boost from stronger fiscal spending and exports. This year’s Budget suggests that this fiscal support won't last. As a net energy...

31st March 2026 · 0 mins read

Global Economics Update

What are the potential implications of Houthi Attacks?

While the direct effect of renewed strikes on shipping in the Red Sea on aggregate world trade is likely to be limited, the impact on Asian economies that rely more heavily on oil imports from Saudi...

31st March 2026 · 4 mins read

Emerging Markets Economics Update

Emerging Markets Capital Flows Monitor (Mar. 2026)

Our measure of EM capital flows points to larger outflows from emerging market assets since the start of the Middle East conflict than during the height of the pandemic. EM external positions are...

30th March 2026 · 0 mins read

China Activity Monitor

CAP: Fiscal boost drives new year recovery

Our China Activity Proxy suggests that economic activity picked up at the start of the year on the back of stronger fiscal spending and export growth. But the Budget for this year implies that the...

27th March 2026 · 2 mins read

China Economics Weekly

Economic hit from Iran War has been limited so far

Early evidence supports our view that China’s economy will be resilient to higher global energy prices. Regulators have moved to shield most firms and households from the brunt of the increase in...

27th March 2026 · 5 mins read

Emerging Europe Economics Weekly

New outlook, Turkey FX reserves, Russia’s fiscal boost

The early signs suggest that the Iran conflict and surge in energy prices have had only a limited impact on activity across Emerging Europe so far. But balance of payments pressures are building in...

27th March 2026 · 7 mins read

Middle East & North Africa Economics Weekly

Moving towards de-escalation?, Egypt‘s fuel-saving steps

The Iran war seemed to be at a tipping point this time last week and recent developments provide, in the words of China’s foreign minister, “a glimmer of hope” that things are moving towards de...

26th March 2026 · 8 mins read

Asia Economics Update

The Philippines: unpacking the hit from the Iran war

The state of emergency now in place in the Philippines gives the government powers to address the most acute strains in access to essential inputs, but it won’t prevent an economic shock. The central...

26th March 2026 · 5 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

Europe Economics Focus

Assessing the China shock for the euro-zone

The rise of China has brought both costs and benefits to the euro-zone over the past two decades, but policymakers are increasingly focusing on the costs. Indeed, euro-zone imports from China have...

23rd March 2026 (Updated 30th March 2026) · 16 mins read

Africa Economics Weekly

New forecasts for Africa amidst the Iran war

As the conflict in the Middle East rumbles on, we’ve adjusted our key macroeconomic forecasts for Sub-Saharan Africa. There are a few countries that stand to benefit from the sharp rise in global...

20th March 2026 · 7 mins read

Latin America Rapid Response

Chile GDP (Q4 2025)

Chile’s economy ended last year on a strong footing, with GDP rising by 0.6% q/q, but the energy price spike and fiscal tightening planned under President Kast will cause the economy to weaken in the...

18th March 2026 · 2 mins read

Africa Economics Update

Kenya: energy shock adds to currency, sovereign risks

Kenya’s reliance on energy imports from Gulf States leaves it amongst the most vulnerable on the continent to the conflict in the Middle East. The fragile external position leaves the onus on the...

18th March 2026 · 5 mins read

Australia & New Zealand Economics Update

Energy shortages rippling through Australian supply chains

With supplies of crude oil from the Gulf dwindling, local prices of petroleum products imported from the Asia-Pacific region have already risen more sharply than movements in crude oil prices would...

16th March 2026 · 3 mins read

Latin America Economics Weekly

Terms of trade boost, Copom: 25bp vs 50bp

As net energy exporters, most major Latin American economies benefit on net from the renewed leg up in oil prices. As thing stand, we don't think the inflationary impact will stop Brazil's central...

13th March 2026 · 7 mins read