July 13, 2026 04:01 AM GMT Global Economic Briefing | North America The Weekly Worldview: Fading Oil Shock, AI Capex and the BoJ's Next Step M Japan's resilient wage cycle and AI-capex tailwinds support two more BoJ hikes, but easing food and energy inflation are likely to cap the terminal rate. We had written that the fading oil shock strengthened Asia's macro backdrop as the AI-led export upcycle broadened into a more durable industrial capex cycle. Although the news cycle remains a bit murky, Asian centr ...