海外研报

June JSDA Trading Volume of Over-the-Counter Bonds

CLEAR SIGNS OF BEARISHNESS ON SUPER-LONG JGBSJSDA Trading Volume of Over-the-Counter Bonds data for June were indicative of most

FSA Fixed Income Daily Commentary

US Treasury: US Treasuries rallied last Friday, despite higherthan-expected US wholesale inflation. The yield on the policydriven 2yr notes fell 6.3bps to 4.452%, its lowest level since

Global Economic Weekly Bridging the gaps

Global Letter: Bridging the gapsWith markets now pricing more than two Fed cuts this year, and while acknowledging

Embracing Demographic Transition

Citi is one of the world’s largest financial institutions, operating in all major established and emerging markets. Across these world markets, our employees conduct an ongoing multi-disciplinary

Where are the conveXintlection/pain points in global markets?

Option delta hedging: a price movement amplifierDerivative trading can (significantly) impact asset prices via feedback effects of deltahedging strategies followed by option

Quarterly FX revisions

We have undertaken our quarterly FX revisions using the Bloomberg forwardcurve for the new quarter. Forecasts for F Y24 were left largely unchanged, exceptfor CSL where we

Atradius 经济展望 软着陆

预计 2024 年全球增长率为 2.6% , 与 12 月经济展望相比上调 0.5% 。由于更强劲的需求前景和更高的移民 , 美国经济的韧性突出。 2025 年增长可能会略有改善 , 达到 2.8% , 随着通胀持续下降 , 购买力也会有所改善。

Global Data Watch: Asia China: Two policy meetings in July

The swing of cyclical policy reactions aftects business cycle fluctuations. A shiftto an accommodative policy stance in 2l23 led to activity recovery in 2H23 and1024, but the fading