1. Goldman Sachs: A slow bull market is emerging in China's stock market, with key indices projected to have approximately 30% upside potential by the end of 2027.
2. Reuters poll: The Federal Reserve is expected to cut interest rates twice more this year, with the path of interest rates in 2026 highly uncertain.
3. City Index: Gold prices have fallen sharply from their highs, and analysts expect funds to enter the market to buy the dip.
4. Goldman Sachs' base case remains that the Bank of Japan will raise interest rates in January 2026.
5. HSBC: Japan's new prime minister is likely to adopt a more expansionary fiscal policy than the previous one.
6. ING: Japan's new coalition government plans to limit fiscal spending growth.
7. Capital Economics: The yen will rebound strongly under the leadership of Sanae Takaichi.
8. ING: Accelerating inflation in Canada will hardly boost the Canadian dollar.
Domestic
1. China-Europe Fund: Gold is crowded in the short-term trading market, and the medium- and long-term drivers have not fundamentally changed. 2. CITIC Securities: We recommend focusing on investment opportunities related to quantum information.
3. CITIC Securities: Active supply intervention by resource-rich countries is expected to lead to sustained supply constraints and strategic premiums for key minerals.
4. Guosen Securities: The fundamentals of the A-share market are currently improving, and the rally is far from over.
5. Industrial Securities: Consensus on the main theme of technology growth is expected to re-emerge.
6. Tianfeng Securities: Thermal coal prices have risen sharply beyond expectations, raising our target price for the year to 750-800 yuan/ton.
7. Huatai Securities: "Good housing" may provide real estate companies with a new growth logic, and we continue to recommend real estate companies with "three good" characteristics.
