Asia Economics Update Pakistan: is stability here to stay? Pakistan has pulled itself back from the edge of economic collapse: foreign exchange reserves have been rebuilt, inflation has stabilised, the current account is broadly balanced and the fiscal... 17th February 2026 · 4 mins read
Capital Daily Strong US data, weak US market sentiment – one has got to give We doubt the disconnect between robust US economic data and fearful US financial markets will continue. We expect that US equity markets, Treasury yields, and the dollar will rebound. 16th February 2026 · 5 mins read
China Economics Weekly China unlikely to accelerate sales of dollar assets Chinese regulators have reportedly asked banks to curb their exposure to US Treasuries. While Chinese banks' holdings of dollar-denominated bonds have decreased over the past year, they've largely... 13th February 2026 · 4 mins read
Asia Economics Weekly Singapore’s AI budget, election round-up Singapore’s 2026 budget, which was announced on Thursday, signals a modest fiscal loosening for the coming year. The budget also placed significant emphasis on positioning the economy for the AI... 13th February 2026 · 8 mins read
China Rapid Response China Bank Lending & Broad Credit (Jan.) Credit growth slipped further in January despite some renewed support from faster government borrowing. It will probably slow over the coming months, posing a downside threat to economic activity and... 13th February 2026 · 2 mins read
India Economics Weekly US trade deal looking more palatable The fact sheet for the India-US trade deal was published at the start of this week, but by Wednesday it had been quietly revised. Two key changes stand out and improve the deal’s economic viability... 13th February 2026 · 4 mins read
Japan Economics Weekly Stronger yen won’t be a big drag on inflation Despite widespread concerns that a resounding victory for the ruling coalition in Sunday’s Lower House elections would trigger a further sell-off in JGBs and the yen, the exchange rate in fact... 13th February 2026 · 6 mins read
Japan Chart Pack Japan Chart Pack (Feb. 26) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. The economy will continue to grow at a healthy pace, which should ensure that the labour market... 12th February 2026 · 1 min read
Global Markets Focus Can EM financial market outperformance continue? After a broad‑based rally in Emerging Markets (EM) assets since the beginning of last year, we think that the scope for outsized returns is now limited to only a few corners of the market. We expect... 12th February 2026 · 13 mins read
China Economics Update Can China’s trade surplus rise further? China’s goods trade surplus can’t increase indefinitely. But there’s little sign that policy shifts – either within China or in its trading partners – will prevent the surplus from widening in the... 12th February 2026 · 5 mins read
Commodities Update Signs of a gold bubble in China point to higher volatility The growing use of leverage and futures trading to gain exposure to gold in China suggests that the recent increase in Chinese gold demand is more consistent with a speculative bubble inflating rather... 12th February 2026 · 4 mins read
India Economics Update Revamped CPI series reduces risk of policy mistakes We doubt that India’s revamped consumer price data will change the near-term monetary policy outlook. The real benefit lies further ahead; the new series does a better job of capturing economic... 12th February 2026 · 3 mins read
China Rapid Response China Consumer & Producer Prices (Jan. 2025) Consumer price inflation eased due to a later Lunar New Year. But it is likely to bounce back in February. And producer price inflation, which is less seasonal, improved. The recent uptrend on both... 11th February 2026 · 2 mins read
APAC Commercial Property Update RICS survey shows APAC sentiment on an uptrend The Q4 RICS Commercial Property Survey showed sentiment for Asia-Pacific stayed on an uptrend, though it hasn’t yet turned positive. Mainland China remained a significant drag on the region, while... 10th February 2026 · 3 mins read
