海外研报

TAIEX -1% despite a 3% rebound in TSMC, amid declines across non-defensive

Performance: MSCI/All Taiwan +0.6%/-0.9% this week,outperforming MXAPJ by +1.5% (in US$), with gains in

G7 and BIC outlook

Although the labor market has cooled substantially, there is not enough evidence of recession in the near-term.

Delta One Flows & Positioning

Futures Flows: Last week we saw large net inflows (>1.5z) into 3M SONIA, Aluminum, and Bitcoin futures, and large net outflows (

US equities: Options to own for next week’s macro data dump

Glut of data: The Sep 6th straddle for SPY is worth ~1.5%, capturing theManufacturing ISM, Services ISM, NFP, JOLTS and Fed Beige Book prints. This

Curvature Securities, LLC September 3, 2024

The SEC dropped a bomb on the market back in 2022. They proposed mandating central clearing in the U.S. Treasury market. The goal was to make the market more secure during times of stress. All

GS--Global Markets Daily_ The FX Playbook for Rate Path, Rate Vol, and US Exceptionalism

The end of Summer brought relief to pro-cyclical assets and a broadly weaker nDollar as the combination of still-resilient US growth and the Fed’s dovish pivot