Broker Research: Sector, Macro and Strategy Notes

UBS·2026-10-14Macro

USD·OverweightCAD·OverweightEURUSD: 1.1200 at end-20262026-12EURNOK: 11.20 at end-20272027-12

UBS·2026-10-14Sector

UBS·2026-10-14Macro

UBS·2026-10-14Sector

GOOGL META PINS

UBS·2026-10-14Sector

2319.HK600882.SH600887.SH

UBS·2026-10-14Sector

2360.TW2449.TW2454.TW3008.TW3406.TW

UBS·2026-10-14Strategy

UBS·2026-10-14Sector

0358.HKZIJINMINING3993.HK601899.SH603993.SHCopper·Overweight

UBS·2026-10-14Sector

CHKP.USFTNT.US

UBS·2026-10-13Sector

600009.SH601888.SHHTHT.US

UBS·2026-10-13Sector

BRBY.LCFR.SWMC.PAMONC.MIRMS.PA

UBS·2026-10-13Strategy

UBS·2026-10-13Sector

006400.KS

UBS·2026-10-13Sector

CENX.USCSTM.USKALU.US

UBS·2026-10-12Sector

1818.HK2259.HK3939.HKB.USNEM

UBS·2026-10-12Sector

ADI MU NVDA

UBS·2026-10-12Sector

KBLAM600183.SHKingboard Laminates·Top pickShengyi Technology·Top pickFR4 CCL ASP: Rmb383 by YE262026-12

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

Global FX Strategy: FX Compass: Fragile calm belies pending risks

China Cosmetics Sector: Expert call takeaways on Double 11 preview and China beauty outlook

China Construction Machinery: Soft domestic demand and healthy exports in September; unchanged export tax rebate rates

China Economic Perspectives China-EU Trade: A Data Snapshot

US Internet: 3Q26 Online Advertising Preview: Near-term Revenue Beats Likely

China Dairy Sector September: tight supply supports continued milk price recovery

APAC Technology: Taiwan Tech September Sales: Q3 strong; in transition to new platforms near year-end

Hong Kong Strategy: Key takeaways from expert call on new Offshore Trust Tax rules

China Equity Strategy: Is it a good time to buy A-shares?

China Basic Materials: APAC Focus: From Cyclical to Secular: Time to Re-rate HK China Copper Miners

U.S. Software: C3Q Networking Security Preview

China Brokers Sector: APAC Focus: The rise of the research empowered investment-IB flywheel

China Transport, Leisure and Beauty: Virtual tour takeaways: Finding growth in a tougher environment

European Luxury: What is the read-across from LVMH's results?

US Equity Strategy: Low bar and strong revisions into 3Q earnings

Global Battery Supply Chain: Expert call on AIDC and batteries

US Aluminum 3Q Preview: S232 Risk Increasingly in Focus

China Precious Metals: Bad news for gold has largely been priced in, the next upswing is taking shape

US Semiconductors and Semi Equipment: Key Takeaways from Semis Bus Tour

China CCL Sector: Cycle update: raise FR4 ASP; PTFE pulled forward