Topic
Energy
Comprehensive research on the energy sector. Coverage includes integrated oil majors, E&P companies, refiners, and energy services. Analysis of capital allocation, dividends, energy transition strategies, and commodity exposure.
2438 reports available
Computex Oil Escalation and China Semis vs SOX
The report examines the revitalized AI trade following Computex, escalating Middle East tensions impacting oil, and the record-high gross leverage in current market positioning.
Australia and New Zealand Weekly
Westpac analysts warn that headline economic data is currently misleading, as underlying inflation and a data-centre investment boom suggest a need for higher interest rates in Australia and New Zealand despite softer headline prints.
Weekly Brief
US earnings growth estimates for 2026 have seen unexpected upward revisions of 7% YTD, primarily driven by robust fundamentals in the Technology and Energy sectors.
Global Oil Market Tracker
The global oil market is in a structural deficit of 9.1mb/d due to Middle East disruptions, currently mitigated by US inventory draws and exports. However, the approaching US driving season and low gasoline stocks threaten to reduce these exports, further tightening the global market.
US TMT Quick Hits
The US TMT desk highlights a historic two-day outperformance in Software and extreme dispersion within the Mag7 names. Despite macro cross-currents, cyclicals are reaching all-time highs against defensives following a strong ISM reading.
Fundamentals Favor the Shekel
UBS has revised its USDILS forecasts lower, expecting the Israeli shekel to continue appreciating toward 2.72 by mid-2027 driven by tech sector strength and institutional hedging. Key risks include potential Bank of Israel intervention and renewed regional conflict.