On Friday, EUR/CHF fell below 1.05 – an important technical resistance level. This move occurred in the context of a general risk off environment in financial markets which was triggered by news that more European countries…
UK retail sales delivered a positive surprise in October. The headline index advanced 0.8% m/m, marking the first increase in six months and beating expectations of 0.5% m/m increase. Moreover, the GfK Consumer Confidence…
Dear Client, There will be no report next week as we will be working on our Quarterly Strategy Outlook, which will be published the following week. In the meantime, please keep an eye out for BCA Research’s Annual Outlook,…
GBP has recently been outperforming. It is the only G10 currency to appreciate vis-à-vis the dollar over the past week which is a reversal of the downward trend from earlier this month. UK Gilt yields have also trended…
Natural gas prices in Europe surged more than 17% on Tuesday on news that German energy regulators suspended certification proceedings for the Nord Stream 2 natural gas pipeline. The pipeline which runs from Russia to Germany was…
Highlights Despite strong economic activity throughout most of 2021, economic surprises have decreased considerably. This helped the US equity market outperform Europe. It also significantly contributed to the euro’s…
EUR/USD continued to weaken on Thursday after collapsing 0.57% to a new 2021 low in the previous day. Notably, the cross breached the 1.15 technical resistance level which raises the risk that it will continue to fall over the…
The UK economy decelerated in Q3 with the GDP print falling below expectations. Economic growth slowed from 5.5% to 1.3% q/q versus an anticipated 1.5% rate. Similarly, year-over-year growth moderated to 6.6% from 23.6%. However…
The ZEW Financial Market Survey shows a deterioration in experts’ assessment of current conditions in the Euro Area. The German and Eurozone Current Economic Situation indicators lost 9.1 points and 4.3 points in November,…
BCA Research’s European Investment Strategy service introduced their rotation graphs to assess the evolution of the relative trend and momentum of various assets. The rotation graph for European sectors suggests that…