Dear client, In addition to this abbreviated weekly report, we are also sending you an in-depth report on the euro, written by my colleague Mathieu Savary. Mathieu argues that the euro could continue to face some downside in the near-…
Highlights Global manufacturing activity will soon peak due to growing costs and China’s policy tightening. This process will allow the dollar’s rebound to continue. EUR/USD’s correction will run further. This…
Highlights The Biden Administration's $2.25 trillion infrastructure plan rolled out yesterday will, at the margin, boost global demand for energy and base metals more than expected later this year and next. Global GDP growth…
Feature The global macro landscape over the next six months or so will be characterized by a booming US economy and decelerating growth in China. Financial markets will move accordingly. US Treasury yields will remain under upward…
The BCA Research Global Asset Allocation (GAA) Forum will take place online on May 18th. We have put together a great lineup of speakers to discuss issues of importance to CIOs and asset allocators. These include the latest thinking…
The Swiss KOF Economic Barometer jumped to an 11-year high of 117.8 in March from 102.6, beating expectations of a more muted 1.6-point rise. While the improvement was broad-based, domestic manufacturing experienced a…
After bottoming in April 2020, the South African rand surged versus the US dollar for the remainder of the year. However, since December, the USD/ZAR has been stuck between 14.5-15.5. The ZAR’s fluctuations coincided…
BCA Research’s European Investment Strategy service concludes that while the EUR/USD’s correction will run further, the current pullback is an attractive buying opportunity for investors with a 12- to 24-month…
Highlights Global manufacturing activity will soon peak due to growing costs and China’s policy tightening. This process will allow the dollar’s rebound to continue. EUR/USD’s correction will run further. This…