FX Markets Update Our top 10 calls on currency markets This Update sets out the main calls of our new FX service. As part of our expanded coverage of currency markets, we will maintain and continuously update this set of core predictions. Our first FX... 12th May 2021 · 4 mins read
Australia & New Zealand Chart Pack Economic recovery facilitates house price surge House prices are now surging in both countries. House price cycles in the Australian housing market tend to lag those in New Zealand a little, which is consistent with the forward indicators pointing... 29th April 2021 · 11 mins read
China Economic Outlook Rebound levelling off After treading water in Q1, activity should pick up again this quarter following the relaxation of domestic travel restrictions. But growth will be more modest than most expect over the next couple of... 28th April 2021 · 2 mins read
EM Valuations Monitor Low valuations may not support LatAm equities While the valuation of the MSCI Emerging Markets (EM) Latin America Index is now low both by past standards and on a relative basis, we think that further gains in the index will be driven mostly by... 22nd April 2021 · 8 mins read
Capital Daily We think that euro-zone yields will continue to rise gradually The ECB’s monetary policy decision and press conference today supports our view that the yields of 10-year euro-zone government bonds will rise gradually over the coming years as economic conditions... 22nd April 2021 · 5 mins read
India Chart Pack Virus restrictions start to bite Our in-house mobility tracker suggests that the surge in virus infections in India is now weighing on activity. This is likely to become more pronounced as the outbreak has become more widespread... 21st April 2021 · 10 mins read
Capital Daily Diverging China-US economic outlooks may weigh on renminbi With the growth trajectories of China and the US likely to continue to diverge as the year goes on, we doubt the renminbi’s recent rebound against the US dollar will continue. 16th April 2021 · 7 mins read
Asset Allocation Outlook Bond rout and equity rotation likely to resume We are forecasting a very strong – but also somewhat uneven – recovery in the global economy over the next couple of years as the pandemic is gradually contained, with three key implications for asset... 16th April 2021 · 25 mins read
DM Valuations Monitor Limited scope for valuations to push risky assets higher In our view, changes to the economic and policy outlook since the pandemic mean that corporate credit spreads in the US may remain lower than in their recent past for some time. Nonetheless, we see... 15th April 2021 · 9 mins read
Global Markets Update We expect bond yield divergence to favour the USD We expect higher government bond yields in the US than in other developed markets (DMs) to push the US dollar up, as has generally been the case since the Global Financial Crisis. 9th April 2021 · 4 mins read
EM Markets Chart Pack Toning down our optimism about EM assets & currencies We have become more pessimistic about the outlook for emerging market (EM) assets and currencies as we now expect the 10-year US Treasury yield to rise further over the next two years. 1st April 2021 · 7 mins read
DM Markets Chart Pack We forecast higher yields, a stronger $ & gains in equities We now think that 10-year government bond yields in most developed markets (DMs) will rise further. However, we think that they will climb more rapidly in the US than elsewhere in the developed world... 31st March 2021 · 7 mins read
Asset Allocation Update Taking stock of our asset allocation views In light of a raft of recent forecast changes, this Update presents the latest returns projections of our Asset Allocation service for the next couple of years. We think six points are worth... 26th March 2021 · 4 mins read
Global Markets Update New forecasts for EM assets and currencies We have recently revised up our end-21 and end-22 projections for the US ten-year Treasury yield, which has prompted us to revise down our forecasts for emerging market (EM) assets and currencies. 26th March 2021 · 4 mins read
Nordic & Swiss Economics Weekly Denmark charts new course as the SNB steams ahead While lockdowns are being tightened and/or extended in much of mainland Europe, the attention in Denmark is shifting towards easing restrictions, which should allow activity there to rebound sooner... 26th March 2021 · 6 mins read
Asia Economics Weekly Singapore loosens restrictions, new markets forecasts Singapore announced a further loosening of containment measures this week but given that social distancing is no longer a major drag on the economy, they are unlikely to provide much of a boost to the... 26th March 2021 · 7 mins read
