海外研报

FED CUTS ≠ WEAKER DOLLAR

The dollar has weakened significantly over the past few months and is edging towards the lows seen in January, when rates markets bet big on a Fed pivot. The commencement of global

US SAAR moderates with Europe also soft, STLA US sales continue to decline

US SAAR moderates as incentives remain up - US SAAR was 15.1mn units inAugust, stepping down by -4.4% vs. July and broadly flat YoY at +0.6%. The print