海外研报

Equities: Bad cop, good copper

KEY MESSAGESWe initiate three trade ideas to position for upside incompanies involved in the production of transition metals

Global macro: Too far, too fast? (2)

In Global macro: Too far, too fast?, dated 5 August, wenoted that the US Federal Reserve, on average across

All to play for in final leg of US presidential election

FX View: This week the US dollar (DXY) has fallen a further 1.0% as markets position with increased confidence for the start of the Fed easing cycle in

Global Rates Trader Pivot in Place

A heightened focus on growth risks continues to dominate price action in G10 rates.Chair Powell’s speech at Jackson Hole extended the Fed’s transition from focusing

Precious Metals Trading Desk View

This publication was prepared by Bank J Safra Sarasin (BJSS) Trading department. The views or ideas expressed

US Treasury futures: calendar rolls outlook, September-December 2024

RecommendationsTU – Mildly bearish. Positioning is bearish due to record-high asset manager net positioning in the sector. TU roll will likely be sensitive to risk events and front-end moves, including a

The ECB's throuple... or trouble?

The accounts of the July ECB meeting noted that September “was widely seen as a good time to re-evaluate” the level of monetary policy restriction. But caution remains the key word. In fact,

USD: a Powell outage

Investors continue to recalibrate the amount of rate cuts they expect from the Fed this year. Slower growth in US initial jobless claims and mixed US PMI data as well

Further advancement in South Asia and stronger FX contributed to a 1% gain in MXAPJ

MXAPJ gained 1%, led by Thailand and Philippines (+3%),while Taiwan, Korea and China-A (-1%) underperformed.