Latin America Economics Weekly Mexico’s GDP rebound, smooth(ish) USMCA talks GDP data from Mexico due out next Thursday are likely to show that the economy rebounded last quarter after a contraction in Q1, which may quell some of Banxico's dovish talk. Further out, the outlook... 24th July 2026 · 6 mins read
India Economics Weekly Cockroaches and bitter pills This week's headlines have been dominated by youth protests in Delhi and President Trump's proposed tariffs on imported generic medicines. But while politically challenging, we doubt that either will... 24th July 2026 · 4 mins read
Asia Economics Weekly New tariffs, Sri Lanka tightening cycle not over US tariffs on Asian economies are entering a new phase following the expiration of the 10% global surcharge under Section 122. This is being replaced with country-specific Section 301 duties, but... 24th July 2026 · 6 mins read
India Economics Update Why GIFT City matters for foreign investors India’s policymakers have long-desired more financial activity linked to the economy to take place onshore. But they remain reluctant to quickly and fully open the capital account, with recent bouts... 23rd July 2026 · 3 mins read
Asia Economics Update AI is lifting Asia’s non-chip manufacturers too The global AI investment boom is delivering a bonanza to electronics manufacturers across Asia well beyond just chipmakers in Korea and Taiwan. 23rd July 2026 · 2 mins read
Middle East & North Africa Economics Weekly Saudi nuclear deal, Trump and Iran up the ante The US-Saudi nuclear deal announced this week is a sign that Washington is trying to shore up ties with the Gulf states, which have been fraying due to the Iran war. The conflict itself has escalated... 23rd July 2026 · 6 mins read
Global Economics Update What is the future of US tariffs? The “Section 122” global tariff imposed by the Trump administration after the Supreme Court struck down its IEEPA tariffs (including those from “Liberation Day”) in February will expire on Friday, to... 23rd July 2026 · 6 mins read
Africa Economics Update Tinubu enters 2027 polls with a solid economic record Nigeria’s president, Bola Tinubu, will head into the elections in six months’ time at the helm of an economy with a stronger external position, a more credible central bank and some modest fiscal... 22nd July 2026 · 4 mins read
Latin America Economics Update Mexico’s AI export boom: limited domestic spillovers Mexico has retained only a relatively small share of the value of its exports of AI-related products (our best estimate is that domestic value added accounts for around a third of the total). The... 22nd July 2026 · 6 mins read
India Chart Pack India Chart Pack (July 2026) The latest activity data suggest that India’s economy is slowing, but we think GDP growth should average 6.5% in 2026-27 - an enviable rate by global standards. Rainfall in the early stages of the... 22nd July 2026 · 1 min read
Japan Rapid Response Japan External Trade (Jun. 26) Japan’s crude oil imports rebounded strongly in June but with the Strait of Hormuz now closed again, they will remain below pre-war levels for a while yet. T 22nd July 2026 · 2 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (July 2026) The renewed US-Iran attacks and closure of the Strait of Hormuz will, if sustained, prolong recessions in the Gulf economies and weigh on activity in energy-importing EMs. But continued strong demand... 21st July 2026 · 1 min read
Canada Chart Pack Canada Chart Pack (Jul. 2026) The outlook hinges on the outcome of CUSMA negotiations, with the Trump administration’s latest 50% tariff announcement underscoring the risks. For now, we still think an agreement will be reached at... 21st July 2026 · 1 min read
US Rapid Response US Outlines New Tariffs on Canada President Trump’s set of proclamations imposing 50% tariffs on goods imported from Canada are not as broad as the initial media reports suggest, with the included item codes covering only 5% of goods... 21st July 2026 · 3 mins read
US Chart Pack US Chart Pack (July 2026) We expect GDP growth to average 2.2% and 2.3% this year and next, driven by strong AI-investment and a rebound in consumption growth. The labour market appears to be stabilising, and we expect the... 20th July 2026 · 1 min read
Latin America Economics Weekly Argentine joy, oil price jump, Brazil tariffs The US's announcement of a 25% Section 301 US import tariff on Brazil made a splash this week, but the macroeconomic effect is likely to limited. Meanwhile, the renewed rise in oil prices would - if... 17th July 2026 · 5 mins read
