CNY weakness versus the USD accelerated over the past week. USD/CNY broke above its May peak of 6.8 on Friday and continued to march higher on Monday. Does the yuan face further downside? In Monday’s BCA Live &…
Recent Asian trade data are sending a negative signal about the global manufacturing cycle. Overall Taiwanese export orders fell by 1.9% y/y, disappointing expectations of a 6.2% y/y increase. The latest contraction confirms…
Executive Summary Lingering Weakness In The Economy Is Reflected In Low Core Inflation The Philippine economy will struggle to gain traction as the fiscal thrust remains negative and monetary policy is tightening.…
Executive Summary Russia’s Crude Oil Output Will Fall Russia will have to lower oil production to ensure output it hasn’t placed with non-EU buyers does not tax its limited storage facilities, ahead of the bloc’s…
Chinese data releases on Monday reflected a broad-based deceleration in the country’s economy. Key indicators of domestic activity in July such as industrial production, fixed assets investment, retail sales, and property…
Listen to a short summary of this report. Executive Summary The Euro And The Chinese Credit Impulse The US dollar has bounced off its 50-day moving average. In the recent past, that had led to a period…
Executive Summary China Copper Consumption Failed To Revive Post-Pandemic A greater-than-expected contraction in manufacturing and construction in China – evidenced by the latest PMI and home sales data – will…