For now, the most up-to-date indicators of economic activity show that the global economy continues to decelerate, especially in the service sector. For example, the number of flights around the world has fallen by more than 70%…
Last Friday, BCA Research's Geopolitical Strategy service concluded that the most important supply shortage amid the global pandemic is that of medical equipment. As the US faces the peak of its COVID-19 outbreak, public health…
Highlights The Federal Reserve’s temporary FIMA repo facility will go a long way in helping ease dollar-funding stress outside the US. However, with the duration of the lockdown highly uncertain, a liquidity crisis could…
Highlights Please note that we published a Special Report early this week titled Brazilian Banks: Falling Angels, and an analysis on India. Please also note that we are publishing an analysis on Indonesia below. Given uncertainty…
Highlights Extreme global economic uncertainty has pushed demand for USD higher, and forced investors to liquidate gold holdings to raise cash for margin calls and to provide precautionary balances. Gold endured a succession of down…
Highlights The economic shutdown needed to exhaust the coronavirus pandemic must last much longer than is anticipated. For example, in Italy it must last 24 weeks. If the economy is reopened too soon, the pandemic will reignite in a…