forex research reports | EBC Financial Group

Asia Is Not Running Out of Oil. It’s Running Out of Everything Oil Makes

2026-06-04

Crude fell 19% in May, yet naphtha into Asia rose 60% and urea 80%. The Hormuz crisis has moved downstream into everything oil becomes.

300 Days Without Blackouts. South Africans Are Still 4% Poorer Than in 2010

2026-06-04

South Africa went 300 days without blackouts, but GDP per person is still 4% below 2010 as logistics and investment drag growth.

U.S. ADP Employment Report for May 2026 - Previous: 109k Forecast: 110k

2026-06-03

May ADP payrolls are expected to increase by 110,000. Strong private-sector hiring signals a resilient labor market, lowering expectations for Fed rate cuts.

Governments Promised Retirement. The Math Says They Can't Afford It

2026-06-03

The world’s six largest pension systems hold $57 trillion against a $224 trillion gap by 2050. Global shortfall grows $28 billion every day.

U.S. Core PCE Price Index April 2026 - Previous: 3.2% Forecast: 3.3%

2026-05-28

US core PCE inflation is expected to rise to 3.3% in April as soaring energy costs fueled price pressures, while Fed officials remained divided on policy.

Nigeria Has the Oil. Africa's Largest Refinery Is Still Buying It Abroad.

2026-05-26

Nigeria has the oil, but Dangote still buys crude abroad. The $3.74bn bill reveals the barrel delivery gap behind Africa’s largest refinery.

The 426 Million Silver Tsunami Breaking the Retirement Math

2026-05-25

Ageing is repricing markets as the 426 million silver tsunami strains pensions, care capacity and retirement income models.

9% vs 4.7%: The Borrowing Gap Costing Africa $75 Billion a Year and Blocking Its Rise

2026-05-25

Africa pays 9% on dollar bonds vs Asia’s 4.7%; UNDP says rating bias costs $75B yearly, over 2.5x foreign aid inflows.

India Food Inflation Risk Is Underground: The 87% Groundwater Link Beneath CPI

2026-05-22

India food inflation risk is shifting underground as groundwater stress, weak recharge and heat expose hidden pressure beneath CPI.

Beyond NVIDIA: Is Power the Next Big AI Trade?

2026-05-21

How AI demand is moving beyond NVIDIA into power, utilities, gas, nuclear and grid infrastructure, and what traders can watch for market confirmation.

The $100 Billion HBM Trade: Korea Makes It, Taiwan Packages It, Japan Enables It

2026-05-19

HBM could reach $100 billion by 2028, but Korea, Taiwan and Japan control different chokepoints in the AI memory trade.

Russia, America, and the Gulf Are All Bidding for India’s $52B Oil

2026-05-18

India imports 89% of its crude and leads global oil demand growth. Russia, the US, Saudi Arabia, and a newly independent UAE are all competing.

Nvidia Stock at Record Highs: Why Its Biggest Customers Are the Real Test

2026-05-14

Nvidia stock is at record highs, but Big Tech customer spending, cash flow, margins, and AI demand quality will decide whether the rally holds.

US Inflation Looks Like an Oil Shock. The Risk Is That It Stops Being One

2026-05-13

US inflation looks energy-led, but core prices, corporate margins, and Fed credibility suggest markets may be misreading the shock.

U.S. Consumer Price Index (CPI) for April 2026 -  Previous: 3.3% Forecast: 3.7%

2026-05-12

US April CPI is forecast to rise to 3.7% as the Iran war drives energy prices higher, increasing inflation pressure and complicating the Fed's policy outlook.