GlobalSource Partners | Country Insights

A spike in demand for timber imports in August raised questions among some funds that China’s property market had reached a bottom. After months of steady YoY declines, August log and sawnwood imports rose 9 percent. However, fundamental property and import data suggests the import increases were...

Political update – November 6, 2026: New paths open for Eisenkot, but forming a government remains a long way off

ISRAEL · Report · 06 Nov 2026

Following the October 27 elections, Eisenkot is expected to receive the mandate to form a government, backed by recommendations from 67 Knesset members but without a clear coalition majority. Lieberman’s willingness to negotiate with ultra-Orthodox parties has opened a new avenue, although he is ...

Justice Dino scheduled a conciliation hearing on the 6x1 work schedule, Lula will deliver a national address to reaffirm his commitment to fiscal responsibility, and the CAE will discuss the CBS rate set by the TCU

BRAZIL POLITICS · Report · 06 Nov 2026

Supreme Federal Court (STF) Justice Flávio Dino scheduled a conciliation hearing for next Tuesday (Nov. 10) to discuss the implementation of the new workweek following the end of the 6x1 schedule. Dino is the reporting justice in the cases filed this week by the national commerce and industry con...

Chile’s generational funds reform - Slide presentation and webinar replay

CHILE · Presentation · 06 Nov 2026

What is changing in Chile’s pension fund system and how will it impact market dynamics? How will the transition to generational funds reshape institutional demand for fixed income and currency hedging over time? What are the implications for the depth and liquidity of Chile’s domestic capital mar...

Czechia: the hike lands, December does not

CZECHIA · In Brief · 06 Nov 2026

By Artur Radziwill and Jan HagemejerThe Bank Board raised the two-week repo rate by 25 basis points to 4.00 percent on 5 November, the call we set out at our webinar on 30 October. We expect 4.00 percent to hold on 17 December. The margin is the news The vote was four to three. We had expected th...

TOPIC OF THE WEEK: Hawk talk, no walk?

CAUCASUS / CENTRAL ASIA · Report · 06 Nov 2026

I employ a LLM to look at and analyze 167 rates decisions in Armenia, Azerbaijan, Georgia, Uzbekistan, Tajikistan and Kyrgyzstan since Jan 2023. I first score each policy statement on three parameters, including inflation assessment, inflation risks and policy guidance, and then combine all state...

You talk the talk; do you walk the walk?

BRAZIL ECONOMICS · Report · 05 Nov 2026

As expected, Copom unanimously decided to keep the target for the Selic rate at 13.75% per year. Consistent with the decision, there are several elements with a clearly more hawkish tone regarding the assessment of the situation. At the same time, however, these elements are softened by the re...

The PL launched Senator Rogério Marinho’s candidacy for president of the Senate, the Copom unanimously maintained the Selic rate at 13.75%, and the government published the provisional measure on the Selective Tax

BRAZIL POLITICS · Report · 05 Nov 2026

Yesterday, the PL caucus launched Senate opposition leader Rogério Marinho’s candidacy for president of the Senate. The PL will have the largest caucus in the chamber in the next legislature, with 29 of the 81 seats, and Marinho can also count on the three senators elected by Novo. Winning the Se...

US-China relations under the Democrats

CHINA ADVISORY · Report · 04 Nov 2026

What happens to US-China relations under the Democrats? Congress does not have responsibility for foreign affairs but does have some oversight and control of the purse strings. In this report, I give some quick thoughts on the subject. In particular, I see potential for less erratic policymaking,...

Upcoming webinar - Chile’s generational funds reform

CHILE · Report · 04 Nov 2026

Date: 5 Nov 2026 Time: 10:00 AM EST What is changing in Chile’s pension fund system and how will it impact market dynamics? How will the transition to generational funds reshape institutional demand for fixed income and currency hedging over time? What are the implications for the depth an...

Israel FX market: Weaker institutional flows and rising post-election political uncertainty put pressure on the shekel

ISRAEL · Report · 04 Nov 2026

The shekel has depreciated by approximately 4.5% against the U.S. dollar since Israel's elections, reflecting investors' concerns about political instability following the election results, as well as some disappointment relative to pre-election expectations. Bank of Israel data show that institu...

The Senate approved the Public Security PEC, the rate of the CBS has been a source of friction between the Senate and Finance Ministry, and Durigan will meet with Lula today to discuss the Selective Tax

BRAZIL POLITICS · Report · 04 Nov 2026

Yesterday (Nov. 3), the Senate approved the Public Security Constitutional Amendment Proposal (PEC) in two rounds of voting. The measure passed by 73 votes to zero in the first round and 75 to zero in the second. Because the text was unchanged from the version approved by the Lower House, it will...

Kazakhstan macro: Medium-term growth should moderate, but become more sustainable

KAZAKHSTAN · Report · 04 Nov 2026

In the recent World Economic Outlook, the IMF projected Kazakh GDP growth at 4.4% for this year. In dollar terms, the Fund expected GDP to reach nearly $398 bln. Earlier, the country’s authorities anticipated GDP growth of over 5.0% in 2026 and aimed for faster economic expansion in the coming ye...

Bi-Weekly Economic News Summary

KAZAKHSTAN · In Brief · 04 Nov 2026

Oct 22 Direct investments: Baiterek Holding and Chinese Guoyou Materials have signed a memorandum regarding a $1 bln project for a new terminal at the port of Kuryk. Oct 23 NBK: The Bank lowers base rate from 16.25% to 15.75% and plans no changes to the base rate this year. KMG: The company plans...

Tug-of-war over fiscal consolidation and other weekly topics

BRAZIL POLITICS · Report · 03 Nov 2026

The government may send Congress a Provisional Measure addressing the Selective Tax. A constitutional amendment may also be introduced to adjust the end of the 6-on/1-off work schedule for sectors subject to different working-hour arrangements. A meeting of Camex is expected to review the 12% exp...