Executive Summary The RMB And Real Interest Rates The RMB has overshot and will likely consolidate gains in the coming months. The said, the yuan remains underpinned by a current account surplus, positive real rates, and a…
Dear client, In addition to this weekly report, we sent you a Special Report from our Geopolitical Strategy service, highlighting the risk from the Russo-Ukrainian conflict. Kind regards, Chester Executive Summary The Ukraine…
Highlights The faster-than-expected oil-demand recovery from the COVID-19 omicron variant points to higher EM trade volumes this year and next, which, along with a weaker USD, will boost base-metals demand and prices (Chart of the Week…
Feature Chart 1Weak Economic Fundamentals Undermine Stock Performance Monetary policy easing has intensified in the past two months. The PBoC reduced one-year loan prime rate (LPR) by 10 bps and five-year by 5 bps following…
Dear client, In lieu of our weekly bulletin next week, I will be hosting a webcast on Friday, January 28 at 11:00 am EST, to discuss recent dollar trends. I hope you all tune in. Kind regards, Chester Ntonifor Highlights While not…
Highlights The bull run in Vietnamese stocks is due for a pause as the weakness in overall EM markets spreads to this bourse. Household consumption will stay constrained as new COVID-19 cases remain high and fiscal and monetary…
BCA Research’s European Investment Strategy service concludes that despite the ongoing recovery, the European economy will face significant headwinds in the first half of the year. China’s economic travail…
The Bank of Mexico raised rates by 25 bps on Thursday, marking the fourth consecutive rate increase this year and bringing the benchmark rate to 5%. These hikes come as the central bank attempts to temper rising inflation. At 6.…