海外研报

Apr-Jun earnings wrap: Solid progress; expect profitgrowth after sell-off,

Apr-Jun results confirmied solid progress in line with expectations, Yen deprecintionduring the quarter (+13% YoY) made a large contribution, However, it seems sharepeiees this earnings

Global FX Trader Counting Down to Cuts

USD: Cut but don’t run. The time for cuts has come, and FX markets clearlysee that as a time to short the Dollar. It is understandable because the Dollar

Thoughts on the Pullback; Positioning intel; GTLB, ZS

Lots of questions yesterday about the Al/Semis pullback/vol shock, Really still no consensus explanation, but a few thingskept coming up in conversations: 1) In the wake of some earings disappointments (particularly memory -- and with that

GD--NERVOUS BULLS

September’s risk relapse is a reminder that the summer turbulence has impaired market sentiment. ▪ Slowdowns do not necessarily portend recessions, nor are stock market corrections necessarily the harbinger

gs--Lithium - supply cuts provide floor in the near term

According to Reuters (link), CATL plans to make adjustments on its Jiangxiintegrated lepidolite-to-lithium carbonate production. While there is lack of clarity on

GS--Global Markets Daily: Historical Yield Curve Dis-Inversion Episodes and Cross-Asset Performance

In the past couple of weeks, the US 10s2s yield curve dis-inverted for the first ntime since July 2022 following a more dovish repricing of central bank cutting

UBS--Copper: Flying high on stimulus expectations CIO View

• LME copper prices have surged above the USD 10,000/mt mark,

GS--KOSPI declined 3% amid sustained weakness of Samsung Electronics

KOSPI declined 3% wow amid sustained weakness of