海外研报

MS_Charts That Caught My Eye_20240917

A guiding principle at Morgan Stanley Research is to enhance your investment process by delivering unique insights that

MS_FOMC Reaction- September Meeting_20240919

The cycle begins with a 50bp cut and a stress on both sides of the dual mandate. Powell emphasized the FOMC's commitment

MS_September 18

FOMC cuts rates by 50bp; USTs bear-steepen amid hawkish SEP;

GS--Nike Inc. (NKE): CEO transition announced

After market close on September 19th, NKE announced Mr. Elliott Hill will rejoin NKEas President and CEO effective October 14th, 2024. Current CEO and President Mr.

USB--Asia ex-Japan equities

Regional inflation should remain subdued. Cash rates in Asiashould edge lower, as many Asian central banks are set to follow

China+ Chartbook September 2024

China’s August activity data confirmed the insipid domestic demand picture, as retail sales and fixed asset investment growth slowed, despite a

GS--MSCI EM rose 2% wow amid Fed easing rates

Performance: MSCI EM index was 2.4% higher w/w(while DM gained 1.6% wow) on the back of rate cuts in

GS-- Local Rates or the Fed Cycle? (Zhong/Koul)

MSCI Brazil has rallied 10% (vs EM ex-China 3%) since the mid-June lows as themarket was betting on imminent Fed rate cuts amid lingering growth worries in

PreciousMetalsTradingDeskView_20240919_en

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

Why High Yield Now?

We’ve often heard that European High Yield spreads are tight (currently ~370bps), and that prices need to fall (and yields rise) before the credit cycle can ultimately