Japan’s export share has remained stable at slightly below 5% since the mid-2010s, except for a brief swing before and after the global financial...

Today's BoJ policy meeting, as anticipated, maintained the monetary policy status quo. While higher energy and commodity prices are expected to raise...

Russia's full-scale invasion of Ukraine was not priced in by markets and has led to spiralling commodity prices, higher risk premia, and strong...

Japan's terms of trade, which saw steady deterioration until the mid 2010s, have since trended sideways, albeit with substantial fluctuation. The...

The risk of a shift to a higher inflation regime in advanced economies has risen in the last six months, but markets may be under-pricing the risk in...

Japan’s parliament has approved the latest supplementary budget, which includes the second-largest expenditure package in its history. But while the...

The Bank of Japan (BoJ) left monetary policy unchanged at today’s meeting, maintaining current short- and long-term interest rates. Commodity price...

Japan’s foreign direct investment (FDI) position nearly tripled over the past decade, even as domestic investment stagnated. Currently, 40% of FDI...

The level of Asian exports in volume terms has been stagnant in H2 2021. In addition, across the major manufacturing exporting economies, there have...

We expect monetary policy to continue to diverge across Asia Pacific (APAC) in 2022, with central banks in the advanced APAC economies (apart from...