Highlights China and India periodically fight each other on their fuzzy Himalayan border with zero market consequences. A major conflict is possible in the current environment – but it would present a buying opportunity.…
Feature In this report, we determine which South and Southeast Asian countries are better equipped to endure the COVID-19 pandemic. Answers to this question combined with our macro fundamental analysis lead us to recommend which…
On Tuesday, BCA Research's Emerging Markets Strategy service downgraded Indian equities from neutral to underweight. Indian stock prices relative to EM in US dollars are breaking below a critical support line. As this…
India’s relative equity performance versus the EM benchmark is breaking down, and we recommend downgrading this bourse from neutral to underweight. Chart II-1 illustrates that Indian stock prices relative to EM in US dollars are…
Highlights An analysis on India is available on page 12. There is extreme complacency in global financial markets. With currency markets’ implied volatility at a record low, we recommend going long EM currency volatility. The…
Indian private banks and consumer staple stocks have been holding up the Indian equity market at a time when the rest of the bourse has been sluggish. Both sectors, however, are extremely expensive and thus tremendously sensitive to…
Indian petroleum consumption growth has decelerated significantly on the back of slumps in Indian domestic spending and economic activity. Specifically, vehicle purchases and industrial sectors have been hit hard. These…
Today we are also publishing a Special Report titled Chinese Auto Demand: Time For A Recovery? Highlights India is the third-largest world consumer of crude oil. Hence, fluctuations in its oil consumption is a non-negligible factor…