We retain our neutral outlook on the Le...
Political Crisis Weighing On Infrastructure
The ongoing political crisis in Thailand continues to weigh heavily on our outlook of the country's construction and infrastructure sectors, with the crisis looking set to intensify before a resolution can be reached. This has already resulted in delays to the government's ambitious infrastructure p...Read article
Ford Resurges In Line With BMI Expectations
Ford Motors reported an 11.2% y-o-y increase in car sales in the European region in the first quarter of 2014, to 297,900 units. This is commensurate with BMI's long-held view that the regional market would resurge in 2014, and be a source of sales and revenue growth for carmakers....Read article
Global Commodities Strategy
We are holding to our Brent and WTI price forecasts for 2014. WTI should remain fairly stable and average USD99/bbl, while improving supply will see Brent weaken to average USD104.9/bbl for the year. Economic stimulus measures by the Chinese government pose short-term upside risks for metals prices....Read article