海外研报

European Morning Research Summary

This summary is compiled from research reports previously published by Barclays Equity Research. A full list of all publications is available on

USD/JPY: We lower our near-term forecast

cut rates substantially / Will Japanese investors accelerate JPY appreciation?USD/JPY corrected to the 142-143 range for a while today, apparently reflecting the

Catalysts and What Type of Landing?

Inflation seems to be under control (by recent standards), which helped markets. We were a bit surprised how strongly the market reacted to PPI, as it is generally a tier 2 piece of data, and we seem

Demand upcycle creates valuation upside; Raise TPs for GDS/VNET; Buy GDS

More specifically, we see China wholesale IDCs are entering an upward demandcycle driven by Gen-AI and GPU-related capex among cloud hyperscalers (e.g. we

GS--2024 Communacopia and Technology Conference - Day 2 Key Takeaways

Companies from the US Telecom and IT Services sectors presented during Day 2 ofthe GS Communacopia +Technology Conference. We highlight key takeaways on

GS--China A-shares_ 3 thematic trends_ SPE in Semis

We are positive on China A-shares under coverage, and identify three thematictrends:

BofA_High Frequency Monitor Two-year rally_20241014

Global equity market rally celebrates a second birthday

BofA_Microsoft Corporation_20241017

Tone from the channel is inline or better