Global Issues
Industry
BMI View: We estimate that Ghanaian cocoa production registered a slight y-o-y improvement in 2009/10, helping the global market move into balance in 2009/10 after three consecutive seasons of deficit. In 2010/11, we forecast production to increase again, which will help loosen the market further and support our core view of moderating cocoa prices in H210. We expect Ghanaian production...
2010-09-01Industry
The base metal complex has been buoyed in recent trading by a strong PMI number out of China, which suggested that manufacturing grew at the fastest pace for three months in August....
2010-09-01Industry
Recent price action across the softs complex has reinforced our short and medium-term views on the complex, namely: A strong break and close above USc20.00/lb could give the current...
2010-08-31Analysis On Fixed Income, Fx & Equity Markets
BMI View: We estimate that Ghanaian cocoa production registered a slight y-o-y improvement in 2009/10, helping the global market move into balance in 2009/10 after three consecutive...
2010-09-01The base metal complex has been buoyed in recent trading by a strong PMI number out of China, which suggested that manufacturing grew at the fastest pace for three months in August....
2010-09-01Recent price action across the softs complex has reinforced our short and medium-term views on the complex, namely: A strong break and close above USc20.00/lb could give the current...
2010-08-31Australia
Our global macro strategy calling for a substantial downturn in Chinese and US demand growth in H210 continues to pay dividends for our 'key market views'. Long-held concerns that protracted...
2010-08-27With Latin America undergoing perhaps the severest economic downturn in recent memory in 2009, the 'ability to pay' qualifications have taken a severe beating, with the median 'ability...
2009-11-12Q2 was a much happier quarter for global markets - if not necessarily for global growth - and our Sovereign Risk Ratings (SRR) board for the Middle East and North Africa is looking...
2009-08-21BMI's proprietary sovereign risk rating index, which we are launching today, has been more than a year in development, during which time, as readers will be well aware, we have frequently...
2006-03-10United States
The US dollar may soon test the all-time low of US$1.6018/EUR versus the euro, propelled by a weak domestic economic outlook and diverging interest rate expectations with the eurozone....
2008-05-22United States
Since our January 4 article Dollar Feels The Heat, the greenback has succumbed to further weakness against the euro, as predicted. The European currency has gathered upward momentum...
2006-01-25Japan
The currency had already priced in a Koizumi victory, meaning that post-election gains were very limited. In addition, the US dollar has rebounded as fears about Hurricane Katrina...
2005-10-06United States
The euro has fallen from resistance at US$1.2600/EUR over the past month and broken through key support in the US$1.2200/EUR region, as the market focuses on growth and interest rate...
2005-10-04
