Coal
Carbon Credit Prices: The Correction Has Just Begun…
Qatar's Big Bet
Qatar's…
BCA Research presents a limited monthly special series about the Nuclear Renaissance.
Despite very low inflation, Bank Indonesia raised its policy rates last month to support the currency. The strategy did not work before and will not work now. Stay short the rupiah.
There has been an unprecedented divergence between global and Chinese thermal coal ("coal") prices since the Russia-Ukraine war commenced in February 2022. Such a wide price gap is unsustainable. This price convergence will continue, with international prices falling faster than Chinese ones.
Listen to a short summary of this report. Executive Summary Euro Bulls Are Evaporating
Euro Bulls Are Evaporating…
Executive Summary Europe Is Russia's Key Gas Customer
Germany Closer To Rationing Natgas…
Executive Summary Tight Inventories Spike Metals
Commodities' Watershed Moment…
Highlights Global equities are poised to deliver mid-to-high single-digit returns this year, with the outlook turning bleaker in 2023 and beyond. Non-US markets are likely to outperform. We examine the four pillars that have historically underpinned stock market performance. Pillar 1:…
Dear Client, Next week I will be hosting and attending client events, both virtual and in person. Our next report, on November 24 will be a recap of my observations from the meetings with our clients. Best regards, Jing Sima China Strategist Executive Summary Chart Of The DayThe Gap…