27 December 2024 | 1:35PM HKT | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------| | | | | Bottom line: | Chelsea Song +852-2978-0106 \| chelsea.song@gs.com Goldman Sachs (Asia) L.L.C. | | China's industrial profi ...

M Foundation Potential Higher US Tariff Could Be (Partly) Offset by Major Domestic Cycles Bottoming or Lead to Further Rationalization of Industrial Investment 更多一手调研纪要和研报数据加V：shuinu9870 更多一手调研纪要和研报数据加V：shuinu9870 更多一手调研纪要和研报数据加V：shuinu9870 Milder scenario: only 50%/60% tariff on imports from China According to our economist' assessment, potential 50%/60% tariff on imports from China could result in milder real GDP impact than in the 2018-19 episode (~1ppt). In our view, the negative impact from tariff incr ...

shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 First Read Press conference at 15:30 JST Market focus should be how strongly Governor Ueda will hint at the next rate hike in January at the press conference. We think he will NOT commit to raise the policy rate at this stage because unexpected developments after Mr. Trump's inauguration as US President on 20 January cannot be ruled out, but he may say that a rate hike is coming soon based on their current economy and inflation o ...

shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 shuinu9870 更多一手调研纪要和研报数据加V： shuinu9870 更多一手调研纪要和研报数据加V： M Idea | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------- ...

December 2, 2024 01:54 AM GMT M Update | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Jefferies Spain | Utilities Endesa CEO/CFO Breakfast: Increase Grid Investments or Dividend Boost Conclusion We feel Endesa's strategy is clearer after an investor breakfast with the CEO and CFO earlier today. Endesa is ready to invest more in grids if the new allowed return reaches an adequate level; otherwise, it will increase its dividend policy (5.6% JEFe 2025 D/Y). We should expect a draft regulatory proposal on grids during December 2024 or January next year. Additionally, the CEO highlighted potentia ...

V i e w p o i n t | 31 Oct 2024 01:08:09 ET │ 10 pages Japan FX USDJPY rise likely to be countered by further BoJ tightening CITI'S TAKE As had been broadly anticipated the BoJ left its policy rate unchanged at 0.25% at today's meeting. We had thought the USDJPY could return to around ¥152/$ in the present recovery, though there may be temporary further upside depending upon the result of the US election. However, with JPY weakness restarting of late we think the BoJ will hike its policy rate to 0.5% at eit ...

Accessible version The Flow Show The last private hire Scores on the Doors: gold 22.4%, stocks 15.4%, crypto 14.3%, HY bonds 6.8%, oil 5.9%, commodities 4.0%, IG bonds 3.8%, cash 3.5%, govt bonds 0.7%, US$ 0.0% YTD. Zeitgeist: "We present at the trade shows because customers want to see you using AI. Can't figure out how to make any money with it, though." The Price is Right: big support levels held in August…3.8% GT10, 4.0% GT30, 100 DXY, 140 USDJPY, $70 oil, $60k Bitcoin; reversal higher in bond yields li ...

Accessible version | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------|-------| | Global Rates Weekly Sahm-day maybe | | | | The View: Central banks out for summer | 02 August 2024 | | | We retain a bullish bias across m ...