Group 1 - SEB Research analysts expect a downward trend in US Treasury yields in the coming quarters, driven primarily by anticipated Federal Reserve rate cuts rather than fiscal concerns, indicating that bond yields may generally decline throughout the easing cycle, potentially lasting until next fall [1] - France's inflation rate fell further below the European Central Bank's 2% target in August, with the index decreasing by 0.8% year-on-year, marking the seventh consecutive month below 1%, leading investors to no longer fully price in further declines in borrowing costs this year [1] Group 2 - Swiss National Bank is likely to maintain its policy rate at zero in September and December as long as the euro to Swiss franc exchange rate stays above 0.92, with a higher threshold for reintroducing negative rates [2] - Following unexpectedly high CPI readings in July, the Reserve Bank of Australia may delay its rate cut path, with expectations that inflation will return to the lower end of its 2%-3% target range, leading to a minimal chance of a rate cut in September [2] Group 3 - Analysts from Deutsche Bank suggest that the Bangko Sentral ng Pilipinas is nearing the end of its easing cycle, with a less dovish tone in recent meetings and a potential for one more rate cut this year, despite stable inflation expected to remain below the 2%-4% target range [3] - The Indian rupee has depreciated to a record low of 87.9763 against the US dollar due to concerns over the impact of US tariffs on the Indian economy, with estimates suggesting a potential decline in India's annual growth rate by 0.6-0.8 percentage points [3]
每日机构分析:8月29日
Xin Hua Cai Jing·2025-08-29 16:10