Broker Research: Sector, Macro and Strategy Notes

UBS·2026-09-23Strategy

CCC credit·UnderweightHigher-rated leveraged loans·Overweight

Nomura·2026-09-23Macro

USD/CNY fixing: forecast2026-09-23

Morgan Stanley·2026-09-23Sector

KEYS CIEN COHR CSCO LITE NOK

Goldman Sachs·2026-09-23Sector

EDU.USTAL.USChina internet verticals incl. education·Overweight

Bernstein·2026-09-23Sector

SOON.SWALC.SWCTEC.LGN.COSHL.DESTMN.SWSonova·Top pick

BofA Securities·2026-09-23Sector

SNDK

UBS·2026-09-23Sector

Deutsche Bank·2026-09-23Macro

Nomura·2026-09-23Sector

Goldman Sachs·2026-09-23Sector

NEUL.BO

BofA Securities·2026-09-23Sector

JPM META

Goldman Sachs·2026-09-23Sector

9697.T7832.T9684.T

UBS·2026-09-23Sector

YOFCYOFC·Top pickChina optical fiber·Overweight

UBS·2026-09-23Sector

Vietnam Consumer Staples·OverweightThailand Consumer Discretionary·Overweight

Goldman Sachs·2026-09-23Thematic

BofA Securities·2026-09-23Sector

BHP.AXGLEN.LRIO.LVALE.US

Bernstein·2026-09-23Sector

GDLHX.USHII LMT NOC RTX

UBS·2026-09-23Sector

Bernstein·2026-09-23Sector

GOOGL META AMZN DASH PINS RDDT SNAP

Morgan Stanley·2026-09-23Sector

CART.USEXPE.USABNB BKNG META

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

Global Strategy: Higher Rates Will Create Winners and Losers Before Defaults

USD CNY fix model: Projection: 6.694

Optical ECOC First Take Full Steam Ahead

CHINA EDUCATION Aug-Q Preview: Defensive growth at a reasonable price; Buy EDU TAL

European Consumer Medical Technologies European Medtech: The H2 playbook-Thesis summary and positioning into H2 2026

IT Hardware Industry Expert Call Series Takeaways: HBF architecture, applications, & milestones

China AI Intelligence: Evolving competition dynamics on capability and cost efficiency

dbMetals: The Whole Flow Report: Why is Gold Trading Like a Risk Asset?

China healthcare ESMO 2026: another showtime for China drugs

Asia Healthcare CDMO Day 2026 -Key Takeaways from panel discussion with Bora Pharma and Neuland Labs

US Banks: Reading the Tea Leaves Musing: Watch deposit betas, not app downloads

Japan Games: Tokyo Game Show 2026 (30th anniversary): Major domestic titles unveiled,many IP holders exhibit for first time

China Optical Fibre Industry: Peak earnings fears create buying opportunities

ASEAN Consumer Sector: H226 refresh: Where we see the next inflection

Carbonomics: Behind-the-meter power solutions for data centers: gas turbines, fuel cells and reciprocating engines

Big Global Miners: Priced for iron, built for copper – assessing diversified miners’ implicit copper price

Global Aerospace & Defense: US defense: _This Mess We're In_-Desires and Dysfunction in the Pentagon and Congress; When can you buy these stocks?

China Property: Potential Policy Easing Ahead?

Consumer AI Usage Tracker - 3Q26 update

Internet Why the Muse Partnerships with EXPE and CART Matter