Broker Research: Sector, Macro and Strategy Notes

Morgan Stanley·2026-08-09Sector

China AI foundation models·Overweight

Goldman Sachs·2026-08-08Strategy

Global equities·Overweight

J.P. Morgan·2026-08-08Rates

China government bonds·Overweight

Goldman Sachs·2026-08-08Strategy

Taiwan equities·Overweight

Morgan Stanley·2026-08-08Rates

SOFR curve·Overweight

J.P. Morgan·2026-08-08Macro

Goldman Sachs·2026-08-08Strategy

Korea equities·Overweight

Goldman Sachs·2026-08-07Strategy

US equities·Overweight

Bernstein·2026-08-07Sector

China upstream oil·OverweightChina refining·Underweight

Deutsche Bank·2026-08-07Credit

Hyperscaler IG bonds·NeutralUS IG ex-hyperscalers 1-7yr·Overweight

Bernstein·2026-08-07Strategy

Momentum·Neutral

Morgan Stanley·2026-08-07Sector

CART.USLYFT.US

Morgan Stanley·2026-08-07Macro

Nomura·2026-08-07Macro

US rates·Neutral

J.P. Morgan·2026-08-07Sector

Steel·Underweight

J.P. Morgan·2026-08-07Macro

Goldman Sachs·2026-08-07Strategy

India equities·Overweight

Bernstein·2026-08-07Sector

Memory·Overweight

Goldman Sachs·2026-08-07Macro

KRW·Overweight

Research: Broker notes on sectors, macro, rates and strategy

China Al Foundation Models - Asia Pacific Intelligence War Over Price War

GOAL: Asset Allocation,Balancing Innovation and Inflation

China Local Markets Weekly: Summer softness keeps duration in season; PBoC taps the brakes, not the wall

TWSE TPEx rose 3% 9%, led by ex-TSMC Tech (+10%) on foreign and domestic institutional buying, despite drags from TSMC and Financials (-2%); July sales beat expectations, while exports missed

Demystifying Fed Balance Sheet Facilities & FX Intervention

US Weekly Prospects

Global Data Watch: Asia Fiscal catch-up is key to China’s recovery

ASIA-PACIFIC WEEKLY KICKSTART MXAPJ fell 0.5% dragged by

US WEEKLY KICKSTART: Equity issuance is a headwind but not a gale

Asia-Pacific Oil & Gas: Bernstein APAC Oil: 2Q26 Preview-Diverging performance across China's oil majors

US Credit Strategy: Concentrated on Hyperscalers

Asia Quant Strategy: The 3rd biggest momentum unwind since 1999-Where from here?

Internet: The Bottom Line on ABNB, CART and LYFT

China Economics: Revising Up China's Export Growth: Stronger Price Premium

US Economic Weekly: Data support a hold

China Steel - Channel checker: 10-day China steel output-7% vs previous & Steel exports July run-rate -5% MoM; Seasonal slowdown amplified by weather disruptions

China: FX reserves ticked up, implied outflows elevated Enhancing tax transparency offshore wealth oversight

INDIA WEEKLY KICKSTART: NIFTY gained 1% this week; RBI kept policy rate unchanged; 2Q profits and revenues accelerated and surprised positively; FII inflows continued

Global Memory MEMORY TRACKER (Jul): -20% QoQ price increase in 3QCY26

WEEKLY FUND FLOWS: KRW Sees Strong Inflows