International
1. Nomura: Expects the Fed to pause rate cuts in December.
2. UBS: Gold prices remain on an upward trend.
3. Citigroup: Copper prices are expected to climb to an average of $12,000/ton by Q2 2026.
4. Goldman Sachs: US stocks will underperform emerging markets over the next decade.
5. Standard Chartered: Global reserve managers' pressure to de-dollarize remains limited in the short term.
6. Commerzbank: Increased bond issuance in the US and Europe will push up risk premiums.
7. ING: Fed rate cuts will reduce hedging costs, and the dollar may fall next year.
8. ING: Fiscal tightening will push up expectations of rate cuts, and the pound still has room to fall.
Domestic
1. CITIC Securities: The domestic energy storage industry chain has significant advantages.
2. CITIC Securities: Continue to overweight the pharmaceutical industry.
3. CITIC Securities: Optimistic about trading opportunities in the new materials industry driven by policy, events, and earnings releases. 4. Galaxy Securities: Banks maintain their mid-term dividend payouts, and the value of these dividends continues to stand out.
