The ISM Manufacturing PMI came in at 50.3 in March, better than expectations of 48.4 and breaking above the 50 boom-bust line for the first time since September 2022. Notably the new orders component rebounded to 51.4, marking…
The recent rally in commodity markets is drawing the attention of the investment community and financial media. It’s not just cocoa – which has experienced a staggering 118.4% year to date increase that has further…
Chinese industrial profit growth surged to 10.2% y/y in the first two months of the year after having contracted by 2.3% in 2023. Does this rebound in profits suggest that investors should become more optimistic about the Chinese…
US durable goods orders delivered a positive signal for the business spending outlook. The 1.4% increase in new orders for durable goods in February marks the first expansion in three months and beat expectations of a 1.0%…
In this Strategy Outlook we examine why, contrary to popular perception, the odds of a global recession over the next 12 months are rising not falling.
Swedish economic data is usually good at sniffing out the outlook for global growth. Looking at a broad swath of indicators, from domestic conditions to barometers of external demand, our colleagues from BCA’s Foreign…
The flash PMI estimates for March produced a mixed update on manufacturing and service sector activity in the US and Eurozone. In the US, the results suggest that growth is more resilient in the manufacturing…
