Foreign
1. Morgan Stanley: The dollar may depreciate by another 6% this year.
2. Goldman Sachs: The risk of a sharp increase in the US default rate has decreased.
3. Goldman Sachs: Raised its forecast for the end-of-year US Treasury yield.
4. Goldman Sachs: Raised the target for the 10-year US Treasury yield to 4.5% at the end of 2025.
5. Goldman Sachs: Continue to be cautious about the outlook for oil prices, and the possibility of increased Iranian supply will bring pressure.
6. Commerzbank: The downgrade of the US credit rating increases the risk of a steepening US Treasury curve.
7. Bank of Singapore: The safe-haven status of US bonds is in jeopardy, highlighting the view that the US dollar has peaked.
8. Danske Bank: The market impact of Moody's downgrade of the US rating should be limited.
Domestic
1. China Merchants Strategy: After the short-term profit outflow pressure is released, A shares are expected to return to a volatile upward trend.
2. Huatai Securities: Look long and short, maintain a dumbbell-shaped configuration of dividends + technology + domestic demand.
3. CITIC Construction Investment: The market outlook remains range-bound.
4. CITIC Securities: There are some misunderstandings in the market regarding the new public offering assessment rules and the return to benchmark industry allocation.
5. CITIC Securities: It is expected that DR001 still has room for further downward correction.
6. CITIC Securities: The United States adjusts the AI chip control rules, and the direction of independent control is clear.
7. CITIC Securities: High-net-worth customers seek progress in stability, and it is expected that stable configuration products will usher in development opportunities.
8. CITIC Securities: Management software may be one of the best scenarios for AI Agent to land, and priority should be given to the leaders in the enterprise service segment.
9. Huatai Securities: Optimistic about the volume and price increase of overseas gas turbine main engines.
10. Huatai Securities: Optimistic about the airlines' fulfillment of ticket prices and profit elasticity during the summer peak season.
11. Zhongtai Securities: The dividend attribute is prominent, and attention should be paid to the investment value of bank stocks.
12. Galaxy Securities: The trend of the A-share market will continue to reflect the connotation of "putting ourselves first" and is expected to show greater resilience.
