Security

MCX Security Research Hub

Finvaulta tracks 24 research reports on MCX, updated through October 2, 2026. Latest: Warming to Europe, but Rates Dominate Investor Focus.

Institutional research on MCX covering equities, government bonds, commodities, and foreign exchange, from Goldman Sachs, J.P. Morgan, TS Lombard, and Bank of America. Finvaulta indexes each report with a summary, key figures and its original publication date.

Finvaulta is an independent research collection; views and forecasts belong to the named report issuers.

Latest research

Warming to Europe, but Rates Dominate Investor Focus

Goldman Sachs·Oct 2, 2026

While UK government leadership has floated potential long-term rapprochement with the European Union, UK equity performance remains primarily dictated by near-term pressure from elevated energy prices and high interest rates. Domestically focused stocks and banks remain particularly vulnerable to policy and fiscal tightening ahead of the upcoming October 28th budget.

Compare with the previous edition (Sep 18, 2026)

International Market Intelligence Morning Briefing

J.P. Morgan·Sep 30, 2026

J.P. Morgan's morning briefing highlights that oil flows and elevated sovereign bond yields continue to dominate macro sentiment, while equities attempt to broaden. The team maintains a tactically cautious-to-neutral view on global equities, favoring the US and select Asian markets over Europe while emphasizing supercycle AI and energy themes alongside downside hedges.

Compare with the previous edition (Sep 29, 2026)

International Market Intelligence Morning Briefing

J.P. Morgan·Sep 28, 2026

J.P. Morgan's Data Assets & Alpha Group remains tactically cautious on global equities, favoring the US and select Asian markets over Europe while monitoring high bond yields and inflation impulses. Tech positioning showed aggressive re-risking into Mag7 and semiconductors, while copper faces severe supply risks that could drive prices toward $15,000/mt.

Compare with the previous edition (Sep 25, 2026)

International Market Intelligence: Morning Briefing

J.P. Morgan·Sep 25, 2026

J.P. Morgan's daily briefing highlights that US 2Y Treasury yields appear fairly valued after catching up with Fed rhetoric, while prospective US-Iran talks over reopening the Strait of Hormuz offer a timely geopolitical off-ramp. Tactically, the desk is cautious-to-neutral on global equities, maintaining regional preference for the US and Asia over Europe while selectively backing secular AI, power, and industrial themes.

Compare with the previous edition (Sep 24, 2026)

International Market Intelligence Morning Briefing

J.P. Morgan·Sep 24, 2026

J.P. Morgan maintains a tactically cautious stance on global equities amid upward yield pressure, while highlighting resilient macro momentum and strong corporate financing surpluses. The desk recommends buying dips via broadening themes, remaining selective on AI beneficiaries versus vulnerables, and exploiting regional tactical opportunities in Asia, Europe, and Emerging Markets.

International Market Intelligence: Morning Briefing

J.P. Morgan·Sep 21, 2026

Global equities are advancing led by tech optimism following constructive US-China discussions and declining oil prices. J.P. Morgan suggests the market may be primed for a reversal toward a broadening trade, but advises tactical caution on Europe amid political fractures in France and Germany.

Selected research

Selected for relevance; publication dates show when each report was written.

UK Weekly Kickstart: The UK's Resilience Is Being Tested

Goldman Sachs·Sep 18, 2026

UK macroeconomic resilience faces challenges as headline CPI rose to 3.1% and payrolls contracted by 26k, while higher energy prices and rising bond yields test equity valuations. However, the FTSE 100 remains insulated and continues to outperform domestic UK indices thanks to substantial overweights in Energy and Banks.

UK Stocks: A Micro Market

Goldman Sachs·Sep 4, 2026

Despite macro headwinds from energy shocks and elevated Gilt yields, UK equities continue to deliver double-digit gains supported by commodity-driven earnings and foreign diversification inflows. Goldman Sachs forecasts the FTSE 100 to reach 11,400 over 12 months (+5.2% price upside), highlighting near-zero pairwise stock correlations and high free cash flow yields (~6%) as ideal conditions for stock-picking.

The Flow Show: Investing with Pleasure

Bank of America·Aug 28, 2026

BofA's Bull & Bear Indicator rose to an extreme 9.7 sell signal as investors remain aggressively positioned for a 'no landing' outcome. Strategists recommend hedging policy and political risks with long positions in gold and commodities (GNR) as central banks tilt back toward rate hikes.

UK Weekly Kickstart

Goldman Sachs·Jul 31, 2026

This report provides a weekly data-only update for the UK equity market, covering performance, sector valuations, and earnings outlooks as of July 31, 2026.

UK Weekly Kickstart: When Weak Growth Meets Fiscal Limits

Goldman Sachs·May 22, 2026

The UK economy is experiencing weakening growth momentum and labor market softening, complicating a tight fiscal outlook with only ~£12bn in headroom. While political uncertainty is rising, the potential for higher capital gains taxes is viewed as a low-risk event for the broader equity market due to its international composition.

UK Policy and Markets Outlook Amid Higher Energy Prices and Political Risk

Goldman Sachs·May 13, 2026

The UK macro outlook is pressured by high energy prices and political risk, potentially reducing fiscal headroom by £12bn. While Gilt yields have spiked, the driver is primarily BoE repricing rather than domestic political instability.