海外研报

Is Gold A Good Place To Hide?

Despite the recent market rout, gold's performance has maintained its leadership position. Global equities arup 7.5% in 2024YTD, global bonds are up 2.6% over the same period while gold prices have rallied by a soli17%. Given our high conviction

Should You Buy The Dip?

e First rate cut: Equities correct after the first rate cut, even if it were to stave off recession.

Global Rates Notes: NOK Curve to Steepen vs SEK

n In recent months, the SEK curve has steepened vs G10 peers, and in particularvs NOK. This 2s10s steepening has occurred despite Swedish 10y rates falling vs

AUD mid-year update: bullish but China & positioning cap upside

AUD: rates tailwind… We continue to see the AUD gradually higher over the next few quarters (year-end ’24 forecast: 0.69/ year-end ’25: 0.72) but near-term upside is likely to be capped by the