The Reserve Bank of Australia kept its cash rate at 4.35% at its policy meeting on Tuesday, in line with market expectations. Australia’s monthly measure of headline inflation came in at 3.6% in April, still considerably…
According to BCA Research’s Geopolitical Strategy service, the South African election presents a window of opportunity for productivity-boosting structural reforms, such as privatization, to coincide with monetary and…
Housing is the most interest-rate-sensitive sector of the economy. Yet, the very aggressive monetary tightening cycle has only had a muted effect on home prices. While recent housing market data have been mixed, prices have not…
Gold prices might experience a correction or consolidation over the near term. However, cyclical and structural forces will ultimately cause the yellow metal to trend upwards.
European assets are selling off as investors panic about the upcoming French election. Is this panic justified, and if so, for how long?
In this insight, we update our thinking on the recent BoJ move in terms of positioning for the yen and JGB yields.
In a largely expected move, the Bank of Japan kept its policy rate unchanged at 0-0.1% in June. It maintained the pace of bond buying at JPY 6tr per month but signaled it would lay out a plan to reduce its balance sheet next…
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…
Chinese new loans grew from CNY 10.2 tr to CNY 11.1tr in May, disappointing expectations of CNY 11.3tr. Year-to-date aggregate financing also came short of anticipations, growing from CNY 12.7tr to CNY 14.8tr. Notably, the…