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BofA fund manager survey: fund managers cut their end-2026 oil price forecast to $71 from $86 in June.

2026-07-14

BofA fund manager survey: fund managers cut their end-2026 oil price forecast to $71 from $86 in June.

Other News
2026-07-14

Onshore yuan closed at 6.7779 per U.S. dollar at 16:30 on July 14, up 38 pips from the previous trading day.

Onshore yuan closed at 6.7779 per U.S. dollar at 16:30 on July 14, up 38 pips from the previous trading day.
2026-07-14

1. Korea Investment & Securities: SK Hynix's Q2 operating profit is expected to be 8% lower than market expectations. 2. Morningstar maintains its fair value forecast for SK Hynix ADR at $160, a reasonable valuation. 3. TSMC's quarterly revenue gre

1. Korea Investment & Securities: SK Hynix's Q2 operating profit is expected to be 8% lower than market expectations. 2. Morningstar maintains its fair value forecast for SK Hynix ADR at $160, a reasonable valuation. 3. TSMC's quarterly revenue grew by 36%, driven by continued strong demand for AI chips. 4. Despite TSMC's planned price increases for mature processes, IC design companies still need more capacity next year. 5. Scientists have developed a new chip stacking process, quadrupling the integration density of high-bandwidth memory. 6. Institutions: Wafer foundry price increases continue, shifting from a buyer's market of "grabbing customers" to a seller's market of "supplier-driven pricing." 7. Orient Semiconductor releases the DF1000 software-defined near-memory computing 3D AI chip. 8. The second phase of the Chiayi Science Park officially launched, with TSMC leading the development of an advanced packaging hub. 9. Market research: Soaring memory costs will drive up the price of the iPhone 18 Pro. 10. Institution: Riding niche demand coupled with the MLC order transfer effect predicts SLC NAND prices will rise by 120-170% in the second half of 2026. 11. Beijing Junzheng: Net profit is expected to increase by 431%-531% year-on-year in the first half of the year, benefiting from the large-scale memory cycle.
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