Bernstein·2026-09-08Sector
ADANIGREEN.NSADANIPOWER.NSJSWENERGY.NSNTPC.NS
Research: Broker notes on sectors, macro, rates and strategy
- Deutsche Bank·2026-09-08Strategy
- Morgan Stanley·2026-09-08Macro
- J.P. Morgan·2026-09-08StrategyCrude oil·NeutralGold·Underweight
- Morgan Stanley·2026-09-08StrategyS&P 500: 8,300 base (bear 5,900 / bull 9,400)Q2 2027MSCI Europe: 2,810 base (bear 1,820 / bull 3,080)Q2 2027TTF gas: ~EUR85/MWh this winterwinter 2026-27
- Bernstein·2026-09-08SectorDVN.USFANG.USDiamondback Energy·Top pickDevon Energy·Top pick
- Morgan Stanley·2026-09-08Sector002653.SZ9606.HK9966.HKChina biotech total funding: c.US$1.33bn (-24% MoM)Aug-26China biotech out-licensing deal value: c.US$5.7bn (-38% MoM, +35% YoY)Aug-26
- BofA Securities·2026-09-08RatesUS 5y Treasuries·OverweightLong-end JGBs·OverweightUS 10y20y inflation swaps·OverweightFed funds rate: 4.375% at YE26 (hike priced into forecast)YE26US 10y Treasury yield: 4.50%YE26ECB refi rate: 2.65%YE26ECB refi rate: 2.15%YE2710y Bund yield: 3.15%YE26BoJ policy rate: 1.50%YE2610y JGB yield: 3.00%YE26BoE base rate: 3.75%YE26RBA: hike in September2026-09
- Goldman Sachs·2026-09-08Sector
- HSBC·2026-09-08MacroTTF gas price: USD22.5/mBtu (from 16.7)2H26TTF gas price: USD17/mBtu (from 12)2027TTF gas price: USD10/mBtu (from 9)2028EU gas storage fill: 73% by 1 November (lowest since 2009)2026-11-01Global gas demand growth: c0.4% y/y
- J.P. Morgan·2026-09-08CreditUSD IG credit·Overweight
- Goldman Sachs·2026-09-08SectorChina NEV retail penetration: actualAug 2026
- J.P. Morgan·2026-09-08Sector0005.HK2388.HK2888.HKHK industry loan growth: 7.7% YoYJul-26
- Deutsche Bank·2026-09-08Thematic
- J.P. Morgan·2026-09-08Sector1772.HK9696.HKGanfeng Lithium·OverweightTianqi Lithium·NeutralLithium carbonate futures: spot7 Sep 2026
- HSBC·2026-09-08StrategyKorean memory·OverweightTaiwan semiconductors·OverweightChina domestic AI semis/hardware (semi equipment, power infrastructure)·OverweightUS semiconductors·OverweightUS software·Underweight
- Morgan Stanley·2026-09-08SectorASML.ASBESI.ASIFX.DESNPS.USEuropean semiconductors·Neutral
- Barclays·2026-09-08SectorEuropean Insurance·Neutral
- HSBC·2026-09-08Thematic
- Morgan Stanley·2026-09-08Credit