US Initial jobless claims declined from 222 thousand to 211 thousand in the week ending April 5, below expectations of a less pronounced decrease to 215 thousand. On a seasonally unadjusted basis, the number increased to 214…
According to BCA Research’s Global Investment Strategy service, a comprehensive review of leading US labor market indicators reveals that most are now flashing red. This includes the “Mel rule,” a refinement of…
In this insight, we calibrate our investment views based on the latest Bank of Canada decision.
The NFIB’s small business optimism index decreased by 0.9 points to 88.5 in March, missing expectations of 89.9, and reaching its lowest level since 2012. A few things stood out from the report: Labor market…
According to BCA Research’s Emerging Markets Strategy service, peaking property prices will remove the sole tailwind behind the Emirati Stock Market. Over the past couple of years, the Emirati stock market has been…
Fears of a hard landing are abating as growth has been surprising to the upside. New worries are emerging, such as the trajectory of disinflation, and the pace and timing of rate cuts. In this environment, it is important to build a…
German industrial production growth accelerated from an upwardly revised 1.3% m/m to 2.1% m/m in February, registering the fastest pace in 13 months and largely beating expectations of a slowdown. A 7.9% m/m increase in the…
The recent rise in market-based inflation expectations has caught the attention of market participants. Some investors have begun to worry that the Federal Reserve might be losing control of its inflation mandate by cutting rates…
Commodities are making headlines with the prices of crude oil, copper, and gold all making sizeable gains since mid-February. Multiple forces have been cited as drivers of the rally across these commodities. Increased…
The 303-thousand increase in nonfarm payrolls in March came in well above consensus expectations of a moderation from 270 thousand to 214 thousand. Healthcare, the public sector and construction were the top contributors to…