海外研报

GS--Middle East escalation implications, even more China policy

Middle East: escalation implications

FX--About the relationship between oil prices, inflation and rate expectations

About the relationship between oil prices, inflation and interest rate expectations //New Zealand central bank is stepping up the pace // PLN, CZK, HUF: Signs ofrecovery // Not much new from the Mexican inflation data?

BCA--Is The Fed Asleep At The Wheel… Again?

The good news is that we should not fear an imminent US recession.• In the absence of recession though, the Fed cannot cut rates as aggressivelyas is priced if it wants to keep inflation and inflation expectations anchored at2 percent.