Focused Thinking
Nomura’s key researchers, industry experts, investors, and economists explore the latest global macroeconomic trends that will impact financial markets.
Central Banks
The Fed's proposed trimmed-mean inflation metric may understate price pressures, risking policy errors and aggressive hikes later
4 min read | June 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 | June 2026
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
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