The size of ECB QE is not priced in – Massive European Equities Upside
With CHF last at 0.9033, we are +5% (unlevered) on the cross since the Fri Jan 16th call where it closed at 0.8587. I continue to believe and...
414 Views
Index Rebalance & ETF Flow Recap: STAR50/100, FXI, NIFTY/NEXT50, S&P500, KOSPI, Goodman, Ecopro BM
This recap highlights Insights covering Asian index rebalances (announcements/ forecasts/ IPO Fast Entry/ M&A driven changes). We also highlight...
1.2k Views
US Banks – Office Exposures, Interest Spread Trends to 3Q23
​US banks face office and CRE credit quality risks. Bank funding costs are rising, squeezing the spreads of banks with big mortgage exposures; we...
812 Views
Erste Bank – Venn Union of Delta
The most powerful delta is well in place. During coming quarters the bank may see a union of several deltas: improving net interest income, net fee...
396 Views
Australian Banks – Profit And Dividends Surge
BEN announced a surge in net profit, mostly due to lower credit costs. What may be more exciting is its far higher interim dividend, and guidance...
427 Views