According to BCA Research's China Investment Strategy service, Chinese leaders' response during the 2018/19 Sino-US trade war may be a roadmap for policy direction in the next 12 months. China's policy shift to a…
Highlights China’s credit tightening may have surpassed maximum strength. Monetary policy will remain accommodative and fiscal policy will become more supportive in the rest of the year. However, overall regulatory oversight is…
China's official PMIs disappointed in August. The non-manufacturing index fell to contractionary territory of 47.5, below expectations of a more muted 1.3-point decline to 52.0. Similarly, the manufacturing PMI eased by 0.3…
US financial markets' muted reaction to Fed Chair Powell's Jackson Hole speech indicates that asset prices already reflect investors' expectation that the Fed will taper asset purchases before year-end (see Country…
Peru's financial assets have plummeted due to the election of left-wing president Pedro Castillo. Some investors may be tempted to bottom fish in these markets due to their lower valuations and oversold conditions. However…
BCA Research's Geopolitical Strategy and Commodity & Energy Strategy services have published a Special Report that argues that commodity markets will face growing supply challenges over the next decade as the competition…
The Bank of Korea (BoK) hiked its benchmark interest rate by 25bps to 0.75% yesterday, becoming the first major Asian central bank to begin dialing back pandemic-era monetary stimulus. The move was somewhat contentious, with one…