Our China and Emerging Market strategy teams analyzed this weekend press conference by the China’s Ministry of Finance (MoF), that provided additional details on the recently announced fiscal stimulus plan. Our…
The UK August employment report was in line with recent data showing an economy humming at a decent pace. The unemployment rate decreased 0.1pp to 4% after peaking at 4.4% before the summer. The BoE will look kindly to the…
In this Insight, we assess whether investors should expect fiscal turbulence in the UK, that will drive UK yields higher and the pound lower.
China’s National Development and Reform Commission (NDRC) provided no insights Tuesday on the size or nature of the fiscal stimulus Beijing promised in late September. The key takeaway of the authorities' first briefing…
The month of October ahead of a US general election tends to be a volatile month with negative outcome for equities. As such, it is prudent to remain on the sidelines until after the election.
The US election underscores three long-term trends of Generational Change, Peak Polarization, and Limited Big Government. Investors should expect more volatility around the election and should assess the results before adding more…
Indian equities reached new highs in late September. Our Emerging Market strategists recommend dedicated EM investors use these gains as an opportunity to reduce Indian equity allocations from neutral to underweight. They expect both…
Claudia Sheinbaum officially became Mexico's new president amid significant market pessimism. Our Emerging Market strategists highlighted that investor fears about Mexico’s constitutional changes were largely…
Comments from Bank of England Governor Andrew Bailey on Thursday, hinting at “a more aggressive” pace of rate cuts, marked a shift in rhetoric from previous meetings which signaled a “gradual” pace. The…
According to BCA Research’s Emerging Market Strategy service, the monetary and fiscal policies announced last week are unlikely to produce a meaningful business cycle recovery in China. Below are actions the authorities…