International
1. Goldman Sachs: The US may lose 50,000 jobs in October.
2. ING: The downside potential for US long-term Treasury yields is expected to be limited.
3. UBS: Global gold demand is expected to reach its highest level since 2011 this year and next.
4. Commerzbank: The dollar may weaken if official data shows weakness.
5. ABN AMRO: The politicization of US institutions threatens the dollar's global reserve status.
6. ABN AMRO: The political risk of a far-right party coming to power will negatively impact the pound.
7. ING: The euro is undervalued against the dollar, and the euro lacks a catalyst for a meaningful recovery.
Domestic
1. CITIC Securities: Domestic AI chips are entering a period of high-slope growth, and commercial applications are accelerating.
2. CITIC Securities: In 2026, we recommend focusing on opportunities arising from the transmission of wealth effects and supply-side optimization.
3. BOCOM International: We advise investors to capitalize on the structural opportunities in mainland Chinese automakers while remaining cautious and paying attention to short-term fluctuations.
