Focused Thinking
Nomura’s key researchers, industry experts, investors, and economists explore the latest global macroeconomic trends that will impact financial markets.
Rates
Iran war undermines the long-held assumption that bonds and equities offset one another in times of crisis but supports the case for long swaption straddles as a hedge
3 min read | March 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
Rates
The impact of policy rates on bank lending-deposit rates and credit growth confirms that the RBI’s easing cycle is not over, say Nomura economists
3 min read | July 2025
Rates
Is the US dollar undergoing a regime change and is it now set for a period of structural decline?
3 min read | July 2025
Rates
Nomura expanded the small group of banks that offer green structured notes highlighting how the market continues to develop and innovate
3 min read | June 2025
Economics
Investors often find signals from China’s two-tier policy rate system perplexing. The Chinese central bank’s recent moves aim to streamline its policy rate framework, better guide market interest rates and improve liquidity management
2 min read | June 2025
Economics
As investors weigh up whether US equities can defy gravity for another year, buying quality and selling junk stocks offers a hedge in the event of a downturn.
3 min read | February 2025
Rates
Regulatory drivers combined with higher rates are reshaping a corner of the derivatives market
4 min read | December 2024
Economics
Interest rate rises triggering opposite effects in the euro versus the dollar volatility market have created new investment opportunities.
3 min read | October 2024
Central Banks
We believe Germany is in recession and structural factors such as manufacturing competition from China and an ageing and shrinking workforce will lead to a period of stagnation.
4 min read | September 2024
Central Banks
Emerging market buyers have wrested control of the gold market from the West, said Mr. John Reade, Chief Market Strategist, World Gold Council.
4 min read | July 2024
Economics
Economies around the world are recovering from the pandemic shock at varying tempos.
7 min read | June 2024
Economics
The combination of higher debt levels with higher interest rates and higher risks including geopolitical risks, is tailor-made for accidents.
3 min read | June 2024
Economics
Investor interest in private credit in Asia has grown substantially over the last couple of years and private credit providers with an integrated and holistic offering, and ability to serve clients across jurisdictions and their credit lifecycle, will have an edge.
4 min read | May 2024