Trade / BOP
Canada Growth Slips, Surveys Signal Ongoing Weakness…
Egypt’s Surprise Cut Risks Reigniting Inflation…
Despite widespread investor optimism Brazil’s currency outlook is challenged by a toxic mix of poor external, fiscal, and macro fundamentals. Expect BRL to underperform most EM peers.
Mexico: Monetary Easing Is Not Over…
Germany Factory Orders Miss, Export Headwinds Mount…
Copper’s Great Unwind…
Chart 1
Inflation And Bond Yields Are Headed Lower…
Swiss Inflation Beats, But Growth and Trade Risks Dominate…
The yen’s discount, surplus, and rising real rates line up for a multi-quarter surge. Find out why EUR/JPY is the first short and when USD/JPY follows.
Tariffs, Input Costs, And The Shifting US Inflation Mix…