Focused Thinking
Economics
Thailand, India, Korea and the Philippines are the most vulnerable to higher oil prices, due to their high import dependence, while Malaysia would be a relative beneficiary as an energy exporter
5 min read | March 2026
Japan in focus
Allocators and gatekeepers discuss hedge fund investing and allocation trends at the Nomura Alternatives Forum 2025
3 min read | February 2026
Economics
AI is estimated to have contributed approximately 2pp to Asia's GDP growth in 2025, accounting for half of total growth, primarily through trade
2 min read | February 2026
Central Banks
We forecast ECB rates will remain unchanged through 2027 as inflation stays near target. However, tight labor markets and above-potential growth in 2028 risk pushing inflation higher, likely requiring at least two rate hikes to restore price stability.
4 min read | February 2026
Economics
The deal sends a message to the US that global economies are forging deals and strategic alliances with one another as the US becomes more insular
4 min read | February 2026
Economics
The Trump administration has announced a range of measures aimed at addressing affordability in the run up to this year’s midterm elections including housing, healthcare and consumer finances. In our view, these initiatives are unlikely to materially alter the near-term inflation outlook
6 min read | January 2026
Central Banks
A consumption tax moratorium and a weak yen might encourage the BOJ to raise interest rates sooner and more often
3 min read | January 2026
Economics
Rising US capex in artificial intelligence is benefiting Asia on a broader basis than just increased chip exports
3 min read | January 2026
International Wealth Management
Powered by a multipolar world, structural shifts in Chinese household investment and Chinese firms’ growing global dominance, Hong Kong continues to be an attractive key global IPO destination
3 min read | January 2026
Annual Outlook
We expect above-trend growth, a fall in the unemployment rate and sticky inflation, but a politicized Fed still cuts twice
9 min read | January 2026
Central Banks
Our weekly updated overview highlights the key releases of global economic market data from around the globe and provides an economic outlook for 2026 by region.
3 min read | January 2026
Japan in focus
Jun Yunoki, Prime Product Delta One Sales at Nomura, sat down with seasoned investment professionals at the Nomura Alternatives Forum 2025 in Tokyo to explore the latest Japan investment strategies.
3 min read | December 2025
Annual Outlook
Various major drags on Europe’s economies might explain weak expectations for trend growth including de-globalisation, climate change, demographics, and in the UK’s case, Brexit. But could German fiscal loosening save the day?
3 min read | December 2025
Annual Outlook
The world's second-largest economy stands at a pivotal juncture as it prepares to implement its 15th Five-Year Plan in 2026
3 min read | December 2025