Highlights US growth has likely peaked. Economic momentum will slow over the coming quarters as the tailwind from stimulus fades and the vaccination campaign winds down. Historically, a slowdown in US growth, as proxied by a decline…
Highlights Over the 2021-22 period, renewable capacity will account for 90% of global electricity-generation additions, per the IEA's latest forecast. This will follow the 45% surge (y/y) in renewable generation capacity added last…
Highlights Global Tapering: The Bank of England has joined the Bank of Canada as central banks tapering the pace of bond buying. Markets are now trying to sort out who is next and concluding that it will not be the Federal Reserve,…
BCA Research’s European Investment Strategy service downgraded UK small-cap stocks to neutral on a tactical basis. Despite the positive UK economic outlook, investors should adopt a more cautious tactical stance toward…
The United Kingdom will remain united – at least for now. The Scottish parliamentary election occurred on May 6 and the result does not herald a second Scottish independence referendum anytime soon. The Scottish National…
The May Sentix survey suggests that investors are looking beyond the current economic slowdown in the Euro Area to a catch-up phase later this year. The headline index jumped to 21.0 from 13.1, surpassing an anticipated 15.0. The…
Highlights Important leading indicators of Eurozone activity point to record growth in the coming quarters. Progress on the vaccination front, global pent-up demand, and easing fiscal policy will fuel the Euro Area recovery. Consensus…
As expected, the Bank of England maintained the bank rate at 0.1% and kept the total target stock of asset purchases unchanged at its Thursday meeting. However, the central bank upgraded its growth outlook and now forecasts GDP…
Highlights US natural gas prices will remain well supported over the April-October injection season, as the global economic expansion gains traction, particularly in Europe, which also is refilling depleted storage levels. China's…