Capital Daily PBOC & BoJ to markets: You shall not pass? Another step up in the Chinese and Japanese authorities’ efforts to prop up their faltering currencies has given the renminbi and the yen a bit of a boost today. Alone, these measures are unlikely to... 11th September 2023 · 4 mins read
Japan Chart Pack Japan Chart Pack (Sep. 2023) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. We no longer expect the economy to enter a recession. But with real disposable incomes falling, we... 11th September 2023 · 1 min read
Japan Economics Weekly FX intervention looking increasingly likely With the yen weakening to a one-year low against the dollar, the chances that the authorities will intervene to stem its slide have risen. That would probably have little success if interest rate... 8th September 2023 · 5 mins read
Capital Daily Japan’s equities may step down from the spotlight soon We doubt the strong gains in Japan’s equity market this year mark the start of a significant reversal of its decades-long underperformance; we expect it to lag the US market over the next couple of... 5th September 2023 · 3 mins read
Japan Economics Update Is Japan experiencing greedflation? At first glance, the rise in corporate profits to a record-high last quarter suggests that greedy firms are driving up consumer prices. However, we still think that most of the increase in inflation... 5th September 2023 · 3 mins read
Australia & New Zealand Economics Update RBA will cut rates as soon as early-2024 The RBA retained its tightening bias when it kept interest rates unchanged at 4.10% today. However, we think the Bank’s next move will be a rate cut, perhaps as early as the first quarter of next year... 5th September 2023 · 3 mins read
Japan Economic Outlook Bank of Japan will remain the odd one out We no longer expect Japan’s economy to enter a recession. However, with real household incomes set to fall until the end of this year, domestic demand growth will remain sluggish. Accordingly, we... 4th September 2023 · 18 mins read
Japan Economics Weekly Economy flatlining in Q3, but recession unlikely Note: We’ll be discussing the China growth/stimulus question, the BOJ’s policy outlook, Indian food price inflation and more in our monthly Asia Drop-In on Thursday, 31 st August. Register here to... 31st August 2023 · 6 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Jul. 23) 31st August 2023 · 2 mins read
Japan Economics Weekly Case for policy rate hikes still not strong enough The inflation data released this week show that underlying inflation remains stubbornly high. However, with wages still not rising fast enough for the Bank of Japan's liking and the momentum of... 25th August 2023 · 7 mins read
Global Economics Update PMIs raise recession risks again August’s flash PMIs support our view that both the euro-zone and UK will slip into recession in Q3 and imply that the US is now barely growing. And with output prices still easing gradually, the... 23rd August 2023 · 3 mins read