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Bulgaria's Competitive Landscape to Diversify

Asian and Middle Eastern construction companies will start competing with domestic and European players for project opportunities in the Bulgarian infrastructure market, diversifying the country's...

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CNY: PBoC To Keep The Yuan Anchored

BMI View: Despite depreciatory fundamental pressures, the Chinese yuan has held firm against the US dollar over recent months. We believe that this is almost entirely the result of the People's Bank...

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LNG Investment to Drive Growth in Mozambique

BMI View: Fixed capital investment in Mozambique's burgeoning natural gas sector will be the key contributor to economic growth in the next two years. Although tightening government consumption will...

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Australia's Investment Drag Far From Over

The Australian economy continued to slow in Q115, and we maintain our 2015 real GDP growth forecast of 2.3% (versus 2.7% in 2014). The country's worsening terms of trade and unwinding investment boom...

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