Sample of Sellside Global Strategy Research Report

During large scale events such as the ongoing situation that started in Tunisia and has moved on the rest of the Middle East and North Africa, sell side institutions may publish a combined research report from multiple departments.  This is the case with the Strategy Snapshot from Credit Suisse.  Here the fixed income division writes about commodities, foreign exchange, mortgages and emerging markets.  The main themes are:

• If oil prices reach $150/barrel or gas prices reach $4.50/gallon, then they will negatively affect any economic recovery
• Italy will be most affected by Libya's turmoil but should be able to obtain energy from other sources
• Any Algerian trouble will affect Spain and Italy
• Major concerns of the US markets are Government Sponsored Enterprises reform, debt ceiling for the federal government and 2012 US budget
• Recommended emerging markets currencies to invest in are the Mexican peso, South Korean won, Chinese renminbi, Indonesian rupiah, Israeli shekel, Polish zloty, South African rand and Turkish lira.