Broker Research: Sector, Macro and Strategy Notes

BofA Securities·2026-10-20Macro

Korea/Taiwan policy rates: further tighteningPBoC policy rate: on hold

BofA Securities·2026-10-16Sector

IONQ

BofA Securities·2026-10-16Sector

0728.HK0762.HK0941.HKChina Telecoms·Overweight

BofA Securities·2026-10-16Strategy

Technology·Neutral

BofA Securities·2026-10-16Macro

China structural lending tools: RMB800bn2026-Q4China additional local-government bond quota: RMB550bn2026-Q4

BofA Securities·2026-10-16Macro

US core PCE: 0.34% m/m Sep2026-09US headline PCE: 0.52% m/m Sep2026-09

BofA Securities·2026-10-16Strategy

USD/JPY forecast: 149 by year-end2026-12

BofA Securities·2026-10-15Strategy

Gold·OverweightCommodities·OverweightEmerging markets·OverweightGovernment bonds·UnderweightBofA Bull & Bear Indicator: 7.4, down from 8.12026-10

BofA Securities·2026-10-15Sector

AEM.USCCJ FCXFNV.USNUESSRM.USWPM.US

BofA Securities·2026-10-13Strategy

BofA Securities·2026-10-12Macro

Gold price: $4,813/oz average in CY272027Gold price: $4,000/oz average in 4Q262026-Q4

BofA Securities·2026-10-12Strategy

BofA Securities·2026-10-12Thematic

BofA Securities·2026-10-12Sector

600886.SH600900.SH

BofA Securities·2026-10-12Sector

ABNB AMZN DASH GOOGL META

BofA Securities·2026-10-12Sector

0101.HK1972.HK

BofA Securities·2026-10-09Sector

SMSN MUGlobal DRAM sales: US$573bn in 20262026Global NAND sales: US$367bn in 20262026

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

Asia Viewpoint Al export boom: who are the spillover winners and how should policy respond?

US Semiconductors: Quantum State of the Union: focus on fault tolerance fundamentals, not funding fears

Telecoms - China (H-A) China Telecom Sector-Defensive Yield, AI Optionality

Global Rates Weekly Duck and short cover

FAQs: The economics of the AI buildout

Asia Economic Weekly: China – Policy baby steps fail to close the stimulus gap

US Economic Weekly: The consumer has moved past the Fed’s 2025 snapshot

Global FX weekly: Pass the buck

The Flow Show Sell Signal Ends

North American Metals & Mining: Q3’26 preview: steel copper prices strong,gold price weak, while focus shifts to 2027

Asia Fund Manager Survey Show me the money-tization

Global Fund Manager Survey The Sixth Sense

Global Metals Weekly: Gold’s shifting macro correlations

Global Fund Performance Monitor: Narrow opportunity

Software Trends: AI 3.0,the rising value of the interface layer

Power-China: Power Pulse #16: Positive signs of power tariff emerging, but demand remains weak

Internet e-Commerce: Thoughts from the Road: Uphill battle for Internet sector sentiment

Energy - China Weekly: Thermal coal prices firm, more Shanxi coking capacity resumed

HK Property: 3Q26 rental wrap: Central office surged again; retail rebound continues

Global Memory Tech Weekly theme: Samsung’s 3Q results, global forecast updates, de-spec impact