Capital Daily BoJ undermines yen rally, again Those hoping that the Bank of Japan’s (BoJ) latest meeting would help deliver a stronger yen were, once again, left disappointed. At this point, any yen rally will likely need to be driven by a shift... 18th September 2026 · 3 mins read
China Economics Weekly President Xi’s US visit: What’s on the table? We doubt that next Thursday’s summit between Presidents Trump and Xi in Washington will deliver any major breakthroughs that change the trajectory of US-China relations. The two leaders will discuss a... 18th September 2026 · 5 mins read
Asia Economics Weekly Fresh doubts over Indonesia’s commitment to fiscal rules Prabowo’s decision to sack Indonesia’s Finance Minister Purbaya at the start of the week initially raised hopes of a return to more orthodox policymaking, particularly after his replacement, Suahasil... 18th September 2026 · 4 mins read
India Economics Weekly Russian oil and US tariffs: the stakes are higher this time It's not clear that President Trump will implement a tariff on buyers of Russian oil following the US House's passage of legislation this week, given that it would cause further tightening in the oil... 18th September 2026 · 3 mins read
Japan Economics Update BoJ’s tightening cycle has much further to run The Bank of Japan accelerated its tightening cycle by lifting interest rates to a 31-year high of 1.25% today and we think it will tighten policy more rapidly than most anticipate over the coming... 18th September 2026 · 3 mins read
Japan Economics Weekly Fiscal loosening need not spell trouble Japan's fiscal stance is turning more expansionary, but we think concerns about the public finances are overdone. The budget deficit is likely to remain contained, while both gross and net debt ratios... 18th September 2026 · 4 mins read
Japan Rapid Response Bank of Japan Meeting (Sep. 26) The Bank of Japan lifted interest rates to a 31-year high of 1.25% today and we think it will tighten policy more rapidly than most anticipate over the coming months. 18th September 2026 · 2 mins read
Australia & New Zealand Economics Weekly RBA won’t crush the labour market to rein in inflation With RBA Governor Bullock arguing this week that upside risks to inflation are materialising, a rate hike at the Bank’s September meeting looks like a done deal. And given that headline inflation will... 18th September 2026 · 5 mins read
Japan Rapid Response Japan Consumer Prices (Aug. 26) Inflation was little changed in August but there are mounting signs that higher energy costs are feeding through and we expect it to rise above the BoJ’s 2% target before long 18th September 2026 · 2 mins read
Australia & New Zealand Rapid Response New Zealand GDP (Q2 2026) The upside surprise in today’s GDP data leaves the door open for the RBNZ to deliver a third consecutive rate hike at its October meeting. 17th September 2026 · 2 mins read
India Economic Outlook Stage is set for RBI rate hikes After a very strong first half of the year, India’s economy is set to cool but annual GDP growth should still average 7% from 2026-2028, an enviable rate by global standards. Rising food prices on... 16th September 2026 · 17 mins read
Japan Rapid Response Japan External Trade (Aug. 26) Japan’s crude oil import volumes held up well in August but importers are still paying a premium to secure sufficient crude oil supplies outside of the Middle East. 16th September 2026 · 2 mins read
Asia Economics Focus China Shock 2.0 is good news for ASEAN China’s export surge is strengthening rather than hollowing out South East Asian manufacturing. Cheaper inputs and Chinese investment should continue to lift the region’s exports and industrial... 15th September 2026 · 15 mins read
Japan Economics Update Energy subsidies contributing to larger budget deficit We now expect the price of Brent crude oil to remain high throughout this year, which means that fiscal measures to cap retail energy prices will cost an additional 0.6% of GDP this year. And with the... 15th September 2026 · 3 mins read
China Rapid Response China Activity & Spending (Aug. 2026) August activity data showed a modest rebound in industrial output growth last month, driven by external demand and high-tech manufacturing. A smaller contraction in infrastructure investment suggests... 15th September 2026 · 3 mins read
