December PMIs indicate that the global manufacturing sector is not experiencing a meaningful rebound. The Global Manufacturing PMI declined from 49.3 to 49.0 in December, marking the sixteenth consecutive month of a sub-50…
Vietnamese stocks may not see an immediate rally as global manufacturing and exports remain weak. But investors with longer-term horizons should stay overweight this market.
According to BCA Research’s Emerging Markets Strategy service, domestic demand and corporate profits will disappoint across mainstream Emerging Market economies (excluding China, India, Korea, and Taiwan) in H1 2024.…
The continued improvement in German investor morale captured by the ZEW survey corroborates other indicators pointing to near-term support for Eurozone stocks. Economic sentiment jumped three points to a 9-month high of 12.8 in…
Global Investment Strategy predicted the surge of inflation in 2021/22 and the immaculate disinflation of 2023. Now their unique framework is predicting a recession in the second half of 2024.
German factory orders sent a disappointing signal on Wednesday. New orders at German factories unexpectedly declined by 3.7% m/m in October, disappointing expectations of a 0.2% m/m rise following two consecutive months of…
The Sentix Economic Index for the Eurozone continues to send a marginally positive signal. Its 1.8-point increase to -16.8 in December brings it to its highest level since May, albeit below expectations of a slightly more…
The Caixin manufacturing PMI delivered a positive surprise about the Chinese economy in November. The PMI unexpectedly showed manufacturing activity expanded last month, breaking above the 50 boom-bust line to a three-month high…
The Baltic Dry index, which measures the average price paid for the transport of dry bulk materials across more than 20 shipping lanes, has rebounded 63% this month and 130% since the middle of the year. The latest leg of the…