European assets are selling off as investors panic about the upcoming French election. Is this panic justified, and if so, for how long?
According to BCA Research’s Global Investment Strategy service, aggressive fiscal stimulus and labor market flexibility contributed to the relative strength of the US consumer. However, adverse region-specific effects also…
The BoE had to deal with a stagflationary headache in the second half of 2023. Inflation was stickier and growth was weaker in the UK than in many of its DM peers. This trend turned around earlier this year with a late-cycle…
Global consumer spending is likely to slow over the coming quarters, culminating in a major economic downturn in late 2024 or early 2025. Investors should maintain benchmark exposure to equities for now but look to turn more…
On Wednesday, the European Commission announced it would impose tariffs ranging between 17% and 38% on imports of Chinese EVs starting next month. These duties will be applied on top of existing 10% across-the-board tariffs on…
According to BCA Research’s Geopolitical Strategy service, the European parliamentary election was not an earthquake. It saw an improvement in right-leaning political groups and a deterioration in both centrist and left-…
The Eurozone Sentix Economic index improved from -3.6 to 0.3 in June, easily surpassing expectations of a more muted improvement to -1.7. Notably, the Expectation and Current Situation subindices rose to 28-month and 13-month…
The UK unemployment rate surprised to the upside in the 3-month period ending in April, ticking up to 4.4% against expectations it would remain stable at March’s originally reported 4.3%. Concurrently, wage growth remains…
Europe did not witness a major policy reversal. Inflationary pressures are coming down, enabling the ECB to cut rates and European states to maintain soft budgets. Geopolitical challenges ensure that European parties continue to…
Sweden is a small export-oriented economy and its high sensitivity to global trade makes it a good bellwether of global growth developments. The headwinds from high borrowing costs are relatively more pronounced in Sweden…