海外研报

How AI matters for Korea macro? — Nearterm gains amid long game

This week in focusTop policy makers in China concluded the widely-watched Third Plenum this week, with the policy readout highlighting both long term structural reforms and short term

Sizing the Very Uncertain Increase in Trade Policy Uncertainty (Briggs/Pierdomenico)

US Presidential candidate Donald Trump has signaled that he will likelyimplement significant tariffs if elected, raising risks that a sharp increase in trade

Global Rates Trader Policy Path Dependent

While US election risk is an inescapable focus in rates market discussions, the lastmonth has revealed the difficulty building clear momentum in trading the eventualoutcome.

The retail impulse into US equities has been globa!

We mentioned several times in our publication the big role US retail investorshave been playing over the past year in propagating the US equity market. Thebullishness ofUS retail investors has been manifesting across several metrics.In een

US Weekly Prospects

The soft landing story has been gaining inereasing credibilityin recent weeks. lfanything, some of the growth data hadbcen suggesting activity was slowing more than would bedesirable.

Microsoft Outage More a CrowdStrike Issue

This morning, MSFT is experiencing a large outage stemmingfrom a faulty software update from CRWD. While theimplications

Friday Finish – US Economics

Look through the jump in jobless claims as the fallout from Hurricane Beryl and annual auto retooling.

Curb Your Enthusiasm

At $6.56 trillion, assets under management (AUM) in US money market funds(MMFs) hit another record high last week. Inflows to MMFs have continued even asmarket pricing of policy easing has moved higher -today, the market-

Likely to Sell 30% of CrownRock to Ecopetrol

In an 8-K filing today, OXY disclosed that it is in discussions with Ecopetrol to sell 30% ofCrownRock for $3.6 billion. This equates to 30% of OXY's acquisition consideration for

2Q Review: Sitting in Neutral

Looking through our 1Q Review note before we began writing this 2Q note, we findourselves essentially writing the same opening paragraph: PPG shares finished today -3%