China Economics Weekly The Phase One trade deal is on borrowed time Next week’s semi-annual review of the Phase One trade deal will likely be a sobering affair given China’s limited progress toward meeting its purchase commitments. While both sides appear content to... 7th August 2020 · 7 mins read
India Chart Pack Rupee could weaken even if risk appetite holds up After hitting an all-time low in April, the rupee has strengthened by 3% against the US dollar as risk appetite has returned to global financial markets. But while we think risky assets generally –... 22nd July 2020 · 9 mins read
Global Markets Update We expect the dollar to come under renewed pressure Although the US dollar has stabilised over the past month or so as fears about a second wave have held back the rebound in risky assets, we continue to think that it will lose further ground over the... 20th July 2020 · 3 mins read
Capital Daily Policymakers’ actions may boost the euro further this year Failure by EU leaders to approve the Recovery Fund this weekend would probably weigh on the euro in the near term, but we still think that policymakers will eventually reach an agreement and provide... 16th July 2020 · 6 mins read
Australia & New Zealand Chart Pack Economies coming roaring back Restrictions on activity have lifted in both countries. While some states in Australia still limit the size of groups and capacity at restaurants, New Zealand has now lifted all domestic restrictions... 30th June 2020 · 10 mins read
Global Markets Update We expect more upside for the euro & many E-Z assets While the euro and many euro-zone assets have rallied significantly over the past two months, we think that there is scope for them to make more headway this year. 26th June 2020 · 4 mins read
India Chart Pack Financial conditions ease but headwinds remain After tightening dramatically in March following the outbreak of the coronavirus, our proprietary index shows that financial conditions in India have eased substantially over the past couple of months... 24th June 2020 · 9 mins read
Global Markets Update We expect commodity currencies to make further ground If we are right that commodity prices will make up more ground as economies continue to reopen, the rally in commodity currencies may have further to go. 19th June 2020 · 3 mins read
Capital Daily We think the rally in the euro has further to run While the euro has already benefited significantly from a step-up in policymakers’ efforts to avoid another debt crisis, we think that there is scope for it to rise further this year. 19th June 2020 · 8 mins read
EM Markets Chart Pack Most EM currencies likely to rise a bit further While much of the rebound in EM currencies is now probably behind us, we think that many of them will rise a bit further against the US dollar as risky assets generally continue to recover. 17th June 2020 · 7 mins read
Global Markets Update We think that most EM currencies will rebound further While we think that much of the rebound in emerging market (EM) currencies is now behind us, we still expect that most of them will make a bit more headway against the dollar in the second half of the... 16th June 2020 · 4 mins read
UK Economics Update Return of risk appetite to benefit UK assets A continued return of risk appetite as the economy slowly recovers from the coronavirus crisis will boost equities and the pound so long as there is a compromise on Brexit. But with the Bank of... 16th June 2020 · 3 mins read
Middle East & North Africa Economics Update Lebanon’s crisis goes from really bad to even worse Lebanon’s government has made little progress with its economic rescue plan and there’s a growing likelihood that the sovereign debt and currency crises already underway will ultimately lead to series... 15th June 2020 · 4 mins read
Global Markets Update We think that the US dollar will weaken further We now expect that the US dollar will depreciate further as risky assets resume their rebound and the global economy recovers from the coronavirus pandemic. 12th June 2020 · 5 mins read
Capital Daily Brexit uncertainty likely to continue to cloud sterling outlook While sterling has rallied sharply over the past couple of days, its performance had previously lagged that of other risky currencies recently. That appears to partly reflect renewed concerns about... 2nd June 2020 · 5 mins read
Australia & New Zealand Chart Pack Normal still a long way off As the lockdowns have largely come to an end in both countries, output is starting to recover. In New Zealand, most activity is now allowed to resume, though gatherings are limited to 100 people. In... 29th May 2020 · 10 mins read
