Articles

Key Monthly Views: Reflation To Moderate

Country Risk / Global / Fri 21 Jul, 2017

Global Growth: Our global forecasts remain well-positioned, and world real GDP growth is still on track to meet our 2.9% projection for 2017, while accelerating slightly to 3.0% in 2018. We have revised up our eurozone real GDP growth forecasts on the back of surprisingly good data in H117 but we had already been above-consensus on the bloc's

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Fibre Backhaul An Important Component Of 5G

Telecommunications / United States / Thu 20 Jul, 2017

Crown Castle's acquisition of Lightower aims to improve the company's small cells offer by increasing its fibre backhaul. As data rates need to be higher and more consistent, it will be crucial for operators to use fibre as their main backhaul technology, as well as being flexible to combine different types of networks to offer the best service

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Trying To Master Gas Again

Oil & Gas / Nigeria / Thu 20 Jul, 2017

We remain sceptical of Nigeria's ability to stimulate domestic gas consumption growth over the short term, given the lack of investment in gas power capacity and the supporting infrastructure. The ambitious targets in the new National Gas Policy will not be met but greater transparency in the domestic market is an important step to encouraging much

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2017/18 Fall in Cocoa Output Highlights Long-Term Challenges

Commodities / Cote d`Ivoire / Thu 20 Jul, 2017

2016/2017 cocoa output in Cote d'Ivoire is still on track to surpass the record harvest recorded in 2015, despite heavy rain in recent weeks. Production has peaked and we forecast production to decline in 2017/18, but Ivorian producers will continue to contribute to global oversupply this year and next, so the recovery in prices out to 2021 will be

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New Car Market To Remain Small Despite Rising Income Levels

Autos / Cambodia / Tue 18 Jul, 2017

BMI View : The robust speed of growth in income levels in Cambodia will not be enough to push consumers into the new car market as high prices on these vehicles remain a significant barrier. We therefore expect Cambodians to continue to depend on the used car market as an entry point towards vehicle ownership.

We believe that a rise in income

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