海外研报

Answering your questions on Japan macro developments

The US growth scare coupled with a hawkish BoJ have contributed to high volatility in Japan's asset markets. We assess

Gen AI: Who is spending what? Where will revenues come from? The ultimate industry model.

The world will spend $105bn on XPUs in 2024, i.e.$210bn in AI capex, up 10x vs. 2020.

Precious Metals Trading Desk View

This publication was prepared by Bank J Safra Sarasin (BJSS) Trading department. The views or ideas expressed herein are those of the desk and/or the author only. The publication cannot be considered as investment research or a

US Economics Weekly Risingunemployment is not“transitory'

CITI'S TAKEThe rise in the unemployment rate is the clearest sign yet that rather thanachieving a “soft landing" the US economy is more likely to slide intorecession.Attempts to explain away

The Yen Carry Trade—A Roadblock to BoJ Hikes, Not Fed Cuts (Fishman/Kanter)

The recent sharp appreciation of the Yen coinciding with a spike in cross-assetvolatility has heightened the focus on the “Yen carry trade” and the broader

What Determines Cross-Country Differences in r*? (Daly)

The neutral real rate (r*) – the equilibrium real policy rate that is neitherstimulatory nor contractionary, consistent with output at potential and stable