China Economics Update AI-led chip price surge to lift exports Soaring memory chip prices are boosting the value of China’s semiconductor and downstream electronics exports. With growing AI-related chip demand likely to continue to outstrip supply, prices look... 10th April 2026 · 5 mins read
Global Economics Update The economic consequences of a tax on Hormuz trade A tax on shipping through the Strait of Hormuz would be unlikely to have major near-term implications for global energy markets, trade or wider economic activity. But depending on how it is structured... 9th April 2026 · 4 mins read
Canada Economics Weekly Bank still calm about second-round inflation effects The Summary of Deliberations from the Bank of Canada’s March policy meetings gave no indication that policymakers are overly concerned about second‑round inflationary pressures stemming from the... 2nd April 2026 · 5 mins read
US Economics Weekly Iran war hits home at gasoline price surpasses $4 The consequences of the Iran war became even more conspicuous for consumers this week, with the national average gasoline price rising above $4 a gallon for the first time since 2022. Thankfully, the... 2nd April 2026 · 8 mins read
Asia Economics Weekly Manufacturers hit, Korean outflows, BOK and RBI meetings The March PMIs show that the energy shock appears to be hitting manufacturers in Asia, though it is more evident in higher input prices than in falling activity. Meanwhile, foreign outflows from Korea... 2nd April 2026 · 7 mins read
Middle East & North Africa Economics Update Spillovers from war could tip Tunisia towards crisis Spillovers from the Iran war threaten to exacerbate existing strains in Tunisia’s economy. If officials continue to maintain a tight grip on the dinar, macroeconomic imbalances are likely to build... 2nd April 2026 · 4 mins read
Africa Economics Weekly SA trade & budget data, SSA activity holds up Trade and budget data released this week suggest that South Africa headed into the energy price shock in decent shape. But we are concerned about the risks that a longer war could pose to the fiscal... 2nd April 2026 · 7 mins read
Canada Rapid Response Canada International Trade (Feb. 2026) February’s further widening in the goods trade deficit is not quite as bad as it first appears, with a surge in volatile gold and other precious metal imports accounting for most of the move, while... 2nd April 2026 · 2 mins read
US Rapid Response US International Trade (Feb. 2026) Large gold outflows were once again met by sizeable computer imports to keep the trade deficit largely unchanged in February and our first-quarter GDP growth estimate near to 3%. 2nd April 2026 · 2 mins read
Global Economics Chart Pack Global Economics Chart pack - Iran Conflict Edition (April 2026) The impact of the surge in energy prices on the global economy will depend on the extent of any disruption to energy flows, which remains highly uncertain. Europe and Asia are more exposed than the US... 2nd April 2026 · 1 min read
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
