Tom Holland

Tom Holland

Deputy Global Research Director

Tom helps to steer Gavekal’s global research, with a special focus on geoeconomics and energy markets. Before joining Gavekal in 2014 he worked as an analyst and commentator at media organizations including CNBC, The Wall Street Journal and the Far Eastern Economic Review, earning his spurs as the lead foreign exchange analyst for Dow Jones during the 1997-98 Asian currency crisis. He originally started his working life as an exploration geologist, until a collapse in commodity prices forced him into journalism as the traditional refuge of the otherwise unemployable.

Tom Holland's Articles

Selected research

Geoeconomic Monitor: After Venezuela, What Next?
9 Jan 2026
The dramatic US abduction of Venezuelan president Nicolás Maduro has created the impression that everything is now on the table for US military action. But although the US intervention in Venezuela means the world must take Donald Trump’s threats against other antagonists seriously, domestic electoral considerations will circumscribe the US president’s scope for action.
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Venezuela, Iran And The Message For China
The US abduction of Venezuelan president Nicolás Maduro and Donald Trump’s assertion that the US is ready to support protesters demanding regime change in Iran send a message to China that it remains heavily dependent on energy imports vulnerable to US influence. For now, this may serve as a reminder of US leverage ahead of Trump’s visit to China in April.
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Geoeconomic Monitor: The Balance Of Risks
Geoeconomic Monitor: The Balance Of Risks
Tom Holland, Tom Miller, Yanmei Xie
19 Dec 2025
Today we look at how American strategic priorities are affecting geoeconomic risk. On the other side of the world, there is no evidence that the US is retreating from Asia: it is just asking its friends, notably Taiwan, to pay more—and they are doing so. Also in this issue, we look at Europe’s latest doomed effort to protect its automakers by stemming the inflow of low-cost Chinese electric vehicles.
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