海外研报

DMP: En Route to August

The june iteration of the Decision Maker Panel survey supports our call for anAugust cut. Wage expectations and perceived pricing power are softening, andrealised inflation took a decent step lower in

Chile: Copper Exports and Weak Imports Supported the Trade Balance in June (Armella)

Bottom Line: The trade balance recorded a US$1,990mn surplus in June, strongerthan the US$1.60bn surplus in May and firmer than the US$1.44bn surplus a year

GEN AI: TOO MUCH SPEND, TOO LITTLE BENEFIT?

Tech giants and beyond are set to spend over $1tn on AI capex in coming years, with so far little to show for it. So, will this large spend ever pay off? MIT’s Daron

Thailand – Headwinds to potential growth

Economic data was mixed in the region this week. In China, weaker-than-expected inflation prints in June underscored the still-weak demand momentum. Meanwhile, in

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

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