海外研报

FOMC preview

We and consensus expect no policy changes at the conclusion of next week’s FOMC meeting. Instead, the more interesting development will be any tweaks to

Japan: main points of Japan’s economic outlook

Due to remaining structural deflationary pressures indicated by the abnormal positive corporate savings rate, the global economic

The storm before the calm?

sectors had wow down moves of less than -2%. Moreover,Real Estate actually finished the week in positive territory.

The Pulse of the Market Pressure Release

In Pulse, we tackle hot topics and updates on our high frequency indicators. The three big things you need to know: First, last week’s price action relieved some pressures on

Capital Market Outlook

Macro Strategy—Taking Stock of the Four Horsemen of U.S. Public Sector Finances:The Four Horsemen of U.S. public sector financing are Demographics, Defense,

FX View Humpty Dumpty dollar?

The first of the two charts below shows the dollar’s real effective value since 1980 during which time we have already seen two major rallies (in the first half of the 1980s and the second