The PBoC announced further measures to stimulate the economy on Tuesday. It lowered the reserve requirement ratio from 10% to 9.5%, cut the 7-day reverse repo rate by 20 bps (following Monday’s 10 bps cut to the 14-day…

  According to BCA Research’s Emerging Markets Strategy service, Brazil’s decision to raise interest rates is supported by recent economic data. Back in January of this year,  they noted that Brazil would…

  Preliminary estimates suggest that activity continued to slow across DM economies in September. Manufacturing PMIs contracted at a faster pace in the US, Eurozone, Germany, France and Australia, and grew at a slower pace in…

  The PBoC lowered the 14-day reverse repo rate by 10 bps on Monday, a move that follows a string of easing measures in late July when the central bank lowered the 7-day reverse repo rate, several maturities of the loan prime rate…

  The European Central Bank (ECB) cut rates by 25 bps in September. It did not signal consecutive rate cuts and we highlighted that the short inter-meeting timeframe between September and October provides little scope for ongoing…

  German equities have outperformed their Euro Area peers on a year-to-date basis, with the gap widening since May. The MSCI Germany Index returned nearly 4.5 percentage points more than the MSCI Eurozone index over the latter…

  According to BCA Research’s European Investment Strategy, the low rate of innovation in Europe is a major problem for the economy. Not only does it prevent Europe from standing at the technological frontier, but it also…

  Canadian retail sales grew by a higher-than-expected 0.9% m/m in July from a 0.2% contraction in June. A 2.2% monthly rise in vehicle sales led an otherwise broad-based increase. Ex-auto retail sales also surprised positively,…