海外研报

GS--S. Africa vs. EMXC; Korea vs. Brazil

n Performance: MSCI EM rallied 6% w/w (vs. ACWI up

GS--Turnover/margin buying spiked; Introducing EM positioning baskets

EM Asian ex-China region saw buying (+US$2.5bn) this

GS--F4Q earnings beat with positive traffic and margin strength

COST reported F4Q EPS of $5.29, above GS/consensus (Refinitiv) of

UBS--Chinese government bonds

The PBoC announced further measures to support the property

What is behind deglobalization?

Global trade in goods has been growing more slowly than the global economy for

UBS--China’s policy pivot gathering momentum

meeting to focus entirely on economics, just two days

China_ The Politburo sent clear (and louder) easing signals

top leadership showed increased concerns on growth headwinds, pledged to launch