The US nonfarm payroll report is an important monthly data release that investors scrutinize for updates on the state of the US labor market and economy more broadly. In the current context, the updates help gauge whether the US…

  According to BCA Research's Emerging Markets Strategy service, investors should focus on fluctuations in final demand rather than inventories. A common narrative endorsed by many market participants is that inventory…

  Confidence is on the mend in the Euro Area. The rebounding ZEW growth expectations index reveals that investors are becoming more optimistic. The German IFO's business climate index inched higher in October for the first time…

  After dipping into negative territory between June and early August, the Global Economic Surprise Index has since rebounded, signalling an improvement in economic momentum. Initially, this rebound was isolated to the US. However…

  To the extent that Taiwanese export orders act as a bellwether for global trade dynamics, we often monitor the release to gain a sense of the state of the manufacturing cycle. On this front, the October update provided a positive…

  The soft-landing narrative is gaining momentum, pushing equities higher and potentially offering investors a better entry point to position against it. Financial markets appear to have been surprised by the comforting…

  According to BCA Research’s European Investment Strategy service, the Magic Eight are the European counterpart to the US’ Magnificent Seven. The dominance of the so-called Magnificent Seven in the US S&P 500 is…

  Recent data releases have painted a mixed picture of US housing market dynamics. On the one hand, housing starts and building permits unexpectedly increased on a month-on-month basis in October. After falling in 2022, housing…

  Oil prices have relapsed despite the supply cuts and the geopolitical volatility stemming from the Middle East. Odds are that global oil demand is downshifting. The chart above illustrates that there is a tight relationship…