海外研报

Macro Risk Digest Lingering risks

Top of mind: hedging fiscal worries Fiscal concerns have increased in the US and Europe: we outline the key macro

Europe Morning Call: Aug 07, 2024

Click “here” for the GS EUROPEAN EXPRESS: Morning Update and a writtensummary of the Europe Morning Call.

EM FX portfolio update: exiting COP and PHP underweights

We have exited our COP positions and PHP underweight positions (at USD/COP reference spot of 4047.55 and USD/PHP 57.29 respectively),

BOJ watch: Bank suspends further rate hikes after being blamed for dramatic moves in yen and stocks

Global financial markets experienced major turmoil in the first part of August. On the fifthof the month the Nikkei 225 posted a larger drop than it did on Black Monday in 1987, and

CHINA ECONOMIC UPDATE

July activity growth weakened further as the manufacturing sectors ‘beloved’ by policymakers cooled off, and ‘unloved’ domestic demand

Stable fundamentals but shifting priorities

What we took away from 2Q earningsNet leverage balance sheet liquidity and interest coverage remained overall n