海外研报

Commodity update

Downside risks to iron oreThe iron ore market has been on shaky ground in recent months. Ongoing

EM FX Trading: Top Trade Thursday

At Jackson Hole, Powell gave a clear indication that cuts are to come, and with this the market is now focused not on whether the Fed will cut in September but by how much. Powell's

Euro Area: Core Inflation Close to Expectations

BOTTOM LINE: In the flash release for August, core HICP inflation fell marginally to2.84%yoy, while headline HICP decreased 40bp to 2.18%yoy, both in line with

Europe Weekly Kickstart Summer data-only update

Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures,

Euro Area—Three Drivers of Services Inflation

Services inflation remains in focus in the Euro area because progress withdisinflation has so far been more gradual than anticipated this year. We therefore

French politics: seeking a prime minister

French President Emmanuel Macron started discussions with the different political parties at the end of last week with the goal of

Sustainable equity inflows, driven by W. Europe

Sustainable equity flows remained marginally positive in July ($0.8 bn),marking a three-month trend and reversal of early-2024 outflows. Sustainable

Hidden messages of Jackson Hole 2024

At this year’s Jackson Hole Symposium, the Fed officially announced that time had come to ease financial conditions. That said, the

Hong Kong: Retail sales fell in July

On a month-over-month basis (seasonally adjusted), Hong Kong retail sales declinedin July (-2.0% in value terms, -2.3% in volume terms). Sales value declined

Core CPI Both Accelerate Above Market Forecast on Weak Yen Effects

BOTTOM LINE: The Tokyo new core CPI (excludes fresh food and energy) came in at+1.6% yoy in August, marking an acceleration of +0.1 pp from +1.5% in July, and