Oil rally maxing out

November 11, 2021 | Articles

The November 2021 edition of our Commodity Market Outlook report focuses on crude oil, covering recent market developments and our pricing outlook over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.

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Central banks at a crossroads

November 9, 2021 | Articles

The November 2021 edition of Numera Analytics’ Global Macro Perspectives report features in-depth commentary of the key macro themes shaping the global economic outlook, as well as our latest country and regional views on growth, inflation and exchange rates.

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From reflation to overheating

November 4, 2021 | Articles

The October 2021 edition of Numera’s US Macro Stategist discusses the investment implications of a probable shift from reflation to overheating. We find strong evidence the economy could overheat in 2022, favouring value over growth and worsening the appeal of sovereign bonds as a macro hedge.

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Will energy shortages derail growth?

October 21, 2021 | Articles

The October 2021 edition of Numera’s Global Macro Strategist explores the factors behind soaring global energy costs, and investigate the implications of power shortages for the global growth outlook. We also discuss implications for commodity investments and energy exporters.

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Copper at a turning point

October 14, 2021 | Articles

The October 2021 edition of our Commodity Market Outlook report focuses on industrial metals, covering recent market developments and our pricing outlook for copper and iron ore over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.

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China’s slowdown hurts global outlook

October 12, 2021 | Articles

The October 2021 edition of Numera Analytics’ Global Macro Perspectives report features in-depth commentary of the key macro themes shaping the global economic outlook, as well as our latest country and regional views on growth, inflation, and exchange rates. 

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Taper tension

October 5, 2021 | Articles

The September 2021 edition of Numera’s US Macro Stategist (formerly Monitor) focuses on Fed policy, exploring the financial market implications of Fed tapering and the likelihood of a tightening cycle. We find that multiple rate hikes remains unlikely, continuing to support equity returns even as long-term yields pick up.

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Supply chains disrupt global macro outlook

September 23, 2021 | Articles

The September 2021 edition of Numera’s Global Macro Strategist (renamed from Global Macro Monitor) analyzes the investment implications of ongoing supply chain disruptions. Elevated shipping costs and delays in delivery weigh on the global investment outlook, since they weaken growth and amplify inflationary pressures.

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Don’t rule out gold as a macro hedge

September 16, 2021 | Articles

The September 2021 edition of our Commodity Market Outlook focuses on gold, covering recent market developments and our pricing outlook over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.

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