海外研报

CEO Letter Highlights 2024 Challenges & 2025 Operating Priorities

Overnight, SNAP’s CEO Evan Spiegel released an internal letter toemployees (entitled “13 Years at Snap Inc.”) that highlights a few key

JPM_Flows & Liquidity What do markets expect ahead of the US jobs report

Market pricing appears to suggest little US recession risk priced in equities and credit while bond and commodity markets seem to price in

Global Economic Outlook Cycle? What cycle?

The great disconnect – Markets vs economistsOkay, let’s talk labour markets

SocGen - China Economic Update - Slipping into a downward spiral

Domestic activity data deteriorated more than market expectations in August again. With the data in hand, 3Q GDP growth is tracking at

GS--Foreign buying led by Taiwan; Large inflows into US ETFs

Foreign (FII) flows / positioningn EM Asian ex-China region saw buying (+US$1.1bn) this

Curve to further steepen on “many more” rate cuts

sharp market rally since Q224, we expect US rates to stay in a range near term.