In its latest Special Report, BCA Research’s US Bond Strategy service considers the relative merits of four different fixed income investments in the current economic environment: 2-year Treasuries, 10-year Treasuries, Baa-…
On the surface, UK inflation appears to be on the right track. The May CPI release came in broadly within expectations. Headline inflation eased from 2.3%y/y to 2.0%y/y – directly on the BoE’s target for the first…
The heart of the US manufacturing sector is still pulsing. Industrial production surpassed expectations in May, growing by 0.9% m/m after having stagnated in April. Notably, the pro-cyclical manufacturing production index…
The ECB delivered its first rate cut in June, moderating the degree of restriction rather than pivoting outright to easy monetary policy settings. Indeed, the rate cut was accompanied by an upward revision of inflation and growth…
Nvidia is now the largest company in the world. Its market capitalization has not only surpassed Microsoft’s, it also tops the entire stock market capitalizations of the UK and France. While Nvidia founders and owners are…
According to BCA Research’s China Investment Strategy service, Beijing will engage in ongoing negotiations with the EU regarding its import tax decision rather than impose meaningful retaliatory measures. The EU and…
US retail sales were mostly unchanged, growing by a mere 0.1% m/m in May, short of the expected 0.3% monthly increase. A 2.2% m/m decline in gasoline stations’ sales weighed on the overall result, though retail sales…
The Reserve Bank of Australia kept its cash rate at 4.35% at its policy meeting on Tuesday, in line with market expectations. Australia’s monthly measure of headline inflation came in at 3.6% in April, still considerably…