Broker Research: Sector, Macro and Strategy Notes

Goldman Sachs·2026-09-11Sector

300866.SZ603486.SH688169.SH689009.SH

Goldman Sachs·2026-09-11Rates

Italian BTPs·Underweight10y OAT-Bund spread: year-end forecast widenedYE 202610y BTP-Bund spread: year-end forecast widenedYE 202610y Bonos-Bund spread: year-end forecast widenedYE 2026

Goldman Sachs·2026-09-11Sector

002594.SZBYD9863.HKChina NEV domestic retail sales: fellAug 2026

Goldman Sachs·2026-09-11Sector

LNG.USVG.USAR.USCVE.USGLNG.USNUE PR

Goldman Sachs·2026-09-11Sector

IMAX.USLYV.USSTUB.USTKO.USLive entertainment·Overweight

Goldman Sachs·2026-09-11Sector

AMD AVGO KLAC LRCX NVDA TSM

Goldman Sachs·2026-09-11Rates

US 10y Treasury yield: raisedYE 2026German 10y Bund yield: raisedYE 2026

Goldman Sachs·2026-09-11Strategy

Goldman Sachs·2026-09-11Sector

2269.HK2359.HK3759.HKChina CDMOs·Overweight

Goldman Sachs·2026-09-11Macro

Goldman Sachs·2026-09-11Credit

Goldman Sachs·2026-09-11Sector

ANTO.LBHP.LGLEN.LLUN.TOMT.ASNHY.OLRIO.L

Goldman Sachs·2026-09-11Sector

EVR.USLCLN.USPIPR.USPJT.US

Goldman Sachs·2026-09-11Strategy

Germany·OverweightGermany GDP growth: improvingQ2 2026

Goldman Sachs·2026-09-11Strategy

Japan Machinery·OverweightJapan Banks·OverweightJapan Electric Power & Gas·UnderweightTOPIX: 12-month target12MTOPIX EPS: GS top-downFY26

Goldman Sachs·2026-09-11Strategy

Goldman Sachs·2026-09-11Sector

1768.HK300972.SZ9985.HK

Goldman Sachs·2026-09-11Sector

Goldman Sachs·2026-09-10Sector

300673.SZ

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

GS Healthcare: Takeaways from Washington, D.C. Trip

China Consumer Durables: IFA takeaways: Europe increasingly a focus, more comprehensive products under stronger brands

EURO AREA SOVEREIGN CREDIT MONITOR: In Choppy Waters

CHINA PASSENGER VEHICLE MONTHLY CHARTBOOK: Aug 2026-Strong export growth holds but domestic retail weaker, BYD’s price hike from facelifts

Energy, Utilities & Mining Pulse: Investors Asking: Amid the Recent Rally, How Are Mid-Cycle Commodity Conversations Changing?

Entertainment Positive Tone at Communacopia + Technology Conference

Americas Technology: Semiconductors: 2026 Communacopia + Technology Conference Wrap

GLOBAL RATES TRADER: Grouped Hikes

EM WEEKLY FUND FLOWS MONITOR: Foreign selling in North Asia

China Healthcare Pulse: 2Q 1H Wrap up: Re-entry thesis playing out;CDMOs lead while assessing next leg of healthcare re-rating

China Economic Activity and Policy Tracker: Sep 11

MORTGAGE & STRUCTURED PRODUCTS TRADER: The score is still out

European Metals and Mining: Coverage summary, forecasts and spot pricing scenarios

AMERICAS INVESTMENT BANKS Investment Banking Monitor: Temporary 3Q26E air pocket possible, although longer-term growth trajectory appears intact

EUROPE WEEKLY KICKSTART: 5 points on Germany

JAPAN WEEKLY KICKSTART: Investor concerns remain elevated regarding macro risks

US Weekly Kickstart: The impact of higher interest rates on equities in charts

CHINA SNACKS: Read-across from the leading value retailers’ NDR: Healthy collaboration & manageable PL risk; Buy Weilong and Yankershop

Global Metals & Mining: Iron Ore FOB Prices at 8-Year Low; What’s The Freight Rate Outlook?

China Pet Food Monthly: Aug 2026: Moderated Aug in non-peak season; continued divergence; China Pet Foods stronger while Gambol muted