China’s February consumer prices fell 0.7% y/y after expanding on an annual basis in January. Producer price deflation stood at -2.2% y/y, roughly unchanged from a month prior. China’s first quarter data is heavily influenced by…
Our China and Emerging Markets strategists assessed China’s outlook after the National People’s Congress concluded last week. China’s latest fiscal stimulus is only marginally larger than last year’s, with a combined credit and…
The fiscal stimulus announced at this year’s National People’s Congress is only slightly larger than last year’s. Notably, the details of the measures suggest that it will be challenging for fiscal stimulus to effectively…
China’s February Caixin PMIs showed growth remains tepid. The composite ticked up to 51.5 from 51.1. Services are still showing a very faint expansion at 51.4, with manufacturing ticking up to 50.8. The message from the official NBS…
US January core new orders beat expectations, rising 0.8% m/m, an acceleration from 0.2% in December. This measure, which excludes defense and aircraft from capital goods, is used as a proxy for business investment. Core shipments…
Our China strategists assessed the outlook for Chinese stocks in the aftermath of the DeepSeek hype. DeepSeek’s innovations will boost China’s productivity and technological advancement but are unlikely to create a strong…
Markets and forecasters anticipate a “Golden Age” for Trump’s America, with US growth expectations soaring while the rest of the world lags. However, this extreme optimism means that there is a lot of room for disappointment. Cooling…
Please join BCA Research's Commodity & Energy Strategist, Roukaya Ibrahim for a Webcast on Thursday, January 30 at 10:30 AM EST (3:30 PM GMT, 4:30 PM CET).
Global risk assets are engulfed in a wave of euphoria, which is pulling Europe higher along the way. However, risks still abound. How should investors adjust their allocation to Europe under these highly uncertain conditions?
President Trump is about to be inaugurated. Investors often assume all his policies will hurt Europe, but the reality is more nuanced.