International
1. Bernstein: Bullish on gold in the second half of the year, target price raised to $4375/oz.
2. RBC Capital Markets: GBP/EUR may extend gains after hitting a one-year high.
3. Daiwa Securities: High oil prices may keep Japanese producer prices high.
4. BNP Paribas: Japanese Finance Minister's comments may be aimed at curbing rising yields.
5. OCBC Bank: Now is the right time to reassess domestic and overseas asset allocation in Japan.
6. State Street Investments: Increased investment by pension funds will benefit Japanese government bonds and the yen.
Domestic
1. CICC: PPI year-on-year growth may decline in the second half of the year, while CPI year-on-year growth is expected to remain relatively moderate in the third quarter.
2. Huatai Securities: A-share non-ferrous metals may have room for recovery after overselling.
3. Huatai Securities: Global cooling demand is rising, opening up new space for HVAC.
4. Huatai Securities: Internal advice for the technology sector: avoid purely speculative and highly crowded sectors, and focus on four key themes.
5. CITIC Securities: Tightening spot market and rising demand expectations suggest rare earth prices may rise.
6. CITIC Securities: Focus on the continued enhancement of the strategic importance of phosphorus resources.
7. CITIC Securities: Insurance funds' participation in the Bond Connect "Southbound" program helps alleviate the "asset shortage" and further optimizes asset-liability matching.
8. CITIC Securities: Tightening spot market and rising demand expectations suggest rare earth prices may rise.
9. CITIC Securities: The commercialization process of global large-scale models is accelerating, and the price of computing hardware such as CPUs continues to rise.
10. Galaxy Securities: The PPI peak for the year may be approaching, and price transmission still needs to be repaired.
