This week I have been holding client calls and roundtables with clients located in the EMEA region. In next week’s report we will share our answers to the most common client questions. In the meantime, this week we are sending you a…
BCA Research's Global Fixed Income Strategy service concludes that Canadian fiscal policy is likely to remain supportive for growth over the next few years. Prime Minister Justin Trudeau has called a snap federal election…
US President Joe Biden's approval rating is tumbling as earlier, optimistic statements about the fight against the pandemic and the withdrawal from Afghanistan have gone up in smoke. However, investors should not conclude…
Investors betting that the RBNZ would hike rates this week were disappointed. Yields on New Zealand's 10-year government bonds ended the week 14 bps lower on the dovish surprise. The RBNZ recently ended its Large-Scale…
Highlights China’s new plan for “common prosperity” is a long-term strategic plan to bulk up the middle class that will strengthen China – if it is implemented successfully. The record on implementing reforms…
Two key motives explain the US’s withdrawal from Afghanistan. First, the US public has grown war weary. According to opinion polls, most Americans do not view the war in Afghanistan – or other wars in the Middle East – as…
Highlights The chaotic US withdrawal from Afghanistan is symbolic – the US is conducting a strategic pivot to Asia Pacific to confront China. US-Iran negotiations are the linchpin of this pivot. If they fail, war risk will…