Nomura’s pioneering paper reveals that the risk of volatility targeting indices is systematically higher than the target level they are designed to maintain ...

We preview several central bank decisions, and our special guest CW Chung, our Joint Head of APAC Equity Research, explains his constructive views on AI. We preview decisions from the Fed, BoC, ECB, ...

Nomura’s pioneering paper reveals that the risk of volatility targeting indices is systematically higher than the target level they are designed to maintain ...

Nomura economists see more rate hikes, but well below consensus as policy rates are near or above neutral US growth remains robust. We expect the Fed to deliver another hike in December. We see ...

Despite eroding trust in US policy, global savings remained extremely concentrated in USD investments, as the AI-driven equity boom has caused US net international investment position (NIIP) ...

Inflationary pressure from high crude oil and naphtha prices has begun to ease in the upstream supply chain, but price increases continue midstream and downstream. Our outlook for CPI inflation ...

In Asia, AI has helped automate routine, entry-level tasks while increasing demand for experienced senior staff. AI-related layoffs in Asia are concentrated in financial services and lower-skilled ...

In the US, we expect continued solid growth, elevated inflation, and the Fed to remain on hold. In the euro area, surveys point to an improving growth outlook, but US–Iran hostilities could pause that ...

This content has been prepared by Nomura solely for information purposes, and is not an offer to buy or sell or provide (as the case may be) or a solicitation of an offer to buy or sell or enter into ...

The transition from a unipolar to a multipolar world order, intense China competition and the AI revolution are structural shifts that require a rewiring of Asia’s growth model. China’s export model ...