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  European regulatory carbon credits (EUAs) are becoming increasingly investable as an asset class. In a Special Report published last September, our Global Investment strategists agreed to the strategic bull case for EUAs, but…
  According to BCA Research's Commodity & Energy Strategy service, Qatar will be the winner as it takes advantage of the global energy transition towards renewables and the world fragments under economic and…
Special Report 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.
Special Report 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…
Listen to a short summary of this report.     Executive Summary Euro Bulls Are Evaporating  The euro is likely to undershoot in the near term, as the winter months approach and economic volatility in Europe…
Executive Summary Europe Is Russia's Key Gas Customer  Full-on rationing of natural gas by Germany took a step closer to reality, as the standoff with Russia over its insistence on being paid in roubles for gas plays out.…
Special Report Executive Summary Tight Inventories Spike Metals  Russia's war against Ukraine is a watershed moment, which will realign production, distribution and consumption of commodities globally. The development of new sources…
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…
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…