海外研报

Canada Production Remains Solid, But Risk From Wildfires Grows

Brent crude prices dropped to early June levels as investor sentiment movedtowards bearish pricing of Trump’s presidency risks and as a stronger dollar fueled

Rotational correction tests gap support

Rotation is the lifeblood of a bull marketOnly Technology and Communication Services beat the S&P 500 (SPX) over the first six

End of Week Market Intelligence: topsy...

... turvy...The sense of trepidation that picked up last week across the Tech tape, especially,has generally continued throughout this week (the NASDAQ Composite index is

Global Fixed incomeWeekly

Similarly to USD, front-end HICPxT pricing is broadly in line with our economistsforecasts on the 1y with some slight upside over the coming months. 10y HICPcurrentlytrades slightly cheap compared to our macro model (~10bps). The 5s10sHlCP curve

Americas Transportation: Railroads: Weekly Rail Carload Snapshot — Week 30

Total traffic results for US Class I rails under coverage imply carload growthat +6.2% YoY in week 30, an acceleration versus -0.7% YoY in week 29.

European Morning Research Summary

This summary is compiled from research reports previously published by Barclays Equity Research. A full list of all publications is available on

FX Watch Where to fade the JPY rally

Cross-JPY pairs have been in secular uptrends since the start of the current rate cycle in 2021, and drawdowns to 100d SMA have been common. On average, major G10/JPY

Strong FCF generation to drive c.13% SH returns in 2024E, with 10% DPS increase; Buy

BP reported broadly in-line 2Q24 results this morning (July 30), withRC operating profit at US$5,414 mn, 2% below company-compiled

Euro Area: German Headline Inflation Beats Expectations

BOTTOM LINE: German headline HICP inflation was 2.60%yoy in July, in line withour tracking forecast and above consensus expectations of 2.5%yoy, up from

G10 Consumer Dashboard: July 2024: Subdued Spending Despite Solid Fundamentals (Pierdomenico)

On the positive side, consumers continue to benefit from generally tight labormarkets in all economies. Since we last published the dashboard, the