China Economics Weekly Another rare earths crunch China's rare earth exports have been falling ever since Presidents Trump and Xi met in May, despite US suggestions that China had committed to keep shipments flowing. There has been no public pushback... 11th September 2026 · 5 mins read
Latin America Economics Weekly Mexico, AI supply chains & fiscal slippage Data released over the past week provide growing evidence that Mexico’s industrial sector is benefiting from integration into AI supply chains. But this is being offset by weakness in the rest of the... 11th September 2026 · 5 mins read
Canada Economics Weekly Trump may yet tighten the screw further While the Trump administration's planned import ban on some Canadian goods doesn't change much for the growth outlook, further escalation such as US withdrawal from CUSMA could be disastrous. We... 11th September 2026 · 6 mins read
Africa Economics Weekly SA current account deteriorates, Senegal’s debt problem Q2 data this week showed the energy shock is putting South Africa’s current account position under strain, and with oil prices back above $100pb, we expect that external pressure to persist in the... 11th September 2026 · 5 mins read
Latin America Economic Outlook Stuck in the slow lane Tight fiscal stances, deteriorating terms of trade and weakening labour markets mean that Latin American economies will continue to struggle and we think regional growth will come in below 2% in the... 10th September 2026 · 21 mins read
China Economics Focus China’s export gains go beyond strategic goods Concerns abroad about China’s surging exports have largely focused on “strategic sectors”. Less acknowledged is that China has been gaining significant global market share across the board, including... 10th September 2026 · 5 mins read
Middle East & North Africa Economics Weekly Houthi attacks, Egypt refineries, Qatar’s budget blowout The step up in attacks in the Strait of Hormuz and by the Houthis against Saudi Arabia suggests that Iran and its proxies are trying to regain the initiative in the war. This raises the risk of a... 10th September 2026 · 6 mins read
Canada Economics Update Trump ups the ante with import ban on Canada President Trump’s import ban covers only 0.25% of Canada’s exports to the US and will have little effect on either economy. Nonetheless, Trump’s willingness to impose an import ban is further evidence... 9th September 2026 · 4 mins read
Asia Economics Update The Korean won’s rebound has further to run The Korean won has rallied recently as some of the factors that had previously weighed on the currency, such as foreigners’ selling of Korean equities, have started to unwind and major Korean firms... 8th September 2026 · 3 mins read
China Economics Focus How long can Chinese industry keep losing money? Overcapacity in China and the trade surplus that it feeds are sustained by policy choices made in Beijing. These policies hurt China’s banks, its fiscal position, economic productivity and household... 8th September 2026 · 22 mins read
China Rapid Response China Merchandise Trade (Aug. 2026) China’s trade growth remained robust in August, with both exports and imports continuing to grow at a rapid pace. Strong global demand for electronics remained an important support for exports. Import... 8th September 2026 · 3 mins read
Canada Rapid Response Canada International Trade (July 2026) The sharp narrowing of the goods trade surplus in July was not only a price effect from lower energy and metal prices, as export volumes fell too, implying that net trade was a drag on GDP at the... 3rd September 2026 · 2 mins read
US Rapid Response US International Trade (Jul 2026) The sharp widening of the trade deficit in July was primarily due to sharp rebounds in AI-related goods imports, pouring cold water on the idea that the AI buildout may already be losing momentum and... 3rd September 2026 · 2 mins read
Middle East & North Africa Economics Update Tunisia: risk of currency, sovereign debt crises growing Tunisia’s fragile external position has deteriorated further since the onset of the Iran war and the dinar appears increasingly overvalued. Officials have tightened access to foreign currency in a bid... 2nd September 2026 · 3 mins read
India Economics Update Services exports to keep current account deficit in check Continued strength in services exports will help to mitigate much of the impact of elevated oil prices and a slowdown in remittance inflows from the Gulf on India’s current account position. We think... 2nd September 2026 · 3 mins read
Canada Economics Weekly Trade dispute overshadows good news on GDP News that the economy rebounded by a strong 3.3% annualised last quarter will be overshadowed by the fallout from the breakdown in trade negotiations with the US. The biggest risk is that tariffs... 28th August 2026 · 5 mins read
